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RHEA Acquisition of JAQAR Concurrent Design Services B.V.

Wavre, Belgium, 13th January 2012 - RHEA System S.A. (RHEA) is proud to announce that on December 16, 2011 it has acquired JAQAR Concurrent Design Services B.V. (J-CDS), a leading provider of Concurrent Design engineering services and applications in Europe.  The addition of J-CDS will complement RHEA engineering technological strategic direction bringing together two organisations with a common vision of a modern and efficient service-oriented system design architecture capability. The  acquisition of J-CDS further enhances the value of RHEA global service offering to its client base.

RHEA System S.A. is a reputed provider of Engineering Expertise and Solutions to the Space, Defence and Security sectors. It covers activities over the complete life cycle of Programs starting from feasibility of concepts and missions to the operation and maintenance of systems . Time to market, risk reduction, budget compliancy and development efficiency are today main drivers in the decision making process leading to the development of systems and products. Concurrent Design engineering is one of the major disciplines as a methodology for achieving the above objectives. J-CDS is the leading provider of Concurrent Design engineering expertise, products and related services. J-CDS customer base includes Space, Aerospace, Defense, Off-shore and construction organisations.

RHEA System S.A. is a leading Space Engineering Consulting and Software company, the fastest growing Belgium based SME that offers knowledge-based services and innovative proven solutions to the Space industry. RHEA teams of system engineers and scientists provide support to clients across Europe, Canada and the USA. RHEA’s combined Space domain expertise and excellence in system and software engineering is both recognised and unique, resulting in highly reliable user-centric solutions.

 

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