OSL Technology has been acquired by Terma A/S

Irvine, CA (December 4, 2025) – Janes Capital Partners is delighted to announce that it served as financial co-advisor alongside Oaklins Cavendish, in connection with the sale of OSL Technology (OSL), a leader in counter-drone security and safety systems; to Terma A/S, a Danish-based global provider of mission-critical solutions for defense, aerospace and security.

The acquisition advances Terma’s strategy to build market-leading capabilities in Counter-Unmannned Aircraft Systems (C-UAS) and critical-infrastructure protection. Together, the combined team aligns civilian and defense best practices into a cross-domain, end-to-end C-UAS solution that can detect, track, classify, decide and engage in seconds.

As defense and security priorities evolve, spending is increasingly directed towards advanced technologies that address emerging threats rather than traditional hardware. The sector remains highly fragmented and fast-moving, fueling substantial M&A activity as companies consolidate capabilities to match the pace of modern threat development.

The transaction secured an excellent outcome for OSL's founder and shareholders whilst delivering a strategically valuable asset to Terma.

About OSL

OSL Technology (www.osltechnology.com) is a UK-based counter-drone and airspace-security specialist. The company provides technology and integration services for detecting, tracking, and managing drones and aerial threats across civil and defense applications. OSL’s solutions are trusted by leading airports and national infrastructure operators across Europe.

About Terma

Terma Group (www.terma.com) is a global provider of mission-critical solutions for defense, aerospace, and security. With more than 2,200 employees worldwide, Terma develops cutting-edge technologies that help protect people and assets in complex operational environments. 

About Janes Capital Partners

Based in Irvine, CA, Janes Capital Partners is a leading investment banking firm focused solely on the Aerospace and Defense industry. The firm provides mergers and acquisition advisory services and assists clients in executing growth strategies and liquidity events. The members of Janes Capital Partners have completed more than 80 successful A&D transactions and $6.0 billion in closed transaction value. Securities transactions are conducted through JCP Securities, Inc., a registered Broker/Dealer, member FINRA/SIPC.

Janes Capital Partners is affiliated with Oaklins International Inc. (www.oaklins.com). Oaklins is the world’s most experienced mid-market M&A advisor, with 850 professionals in 45 countries and 15 dedicated industry teams—including an Aerospace & Defense group led by Janes Capital Partners.