July 26, 2002 — BEI Technologies Inc., a San Francisco manufacturer of sensors, motors and actuators, has signed a preliminary strategic agreement with Athena Technologies Inc., a Manassas, Va., developer of flight control technologies and systems, according to a news release.
Under the agreement, which includes a strategic investment by BEI in Athena, the companies will use BEI’s inertial sensing expertise and Athena’s experience in sensor fusion algorithms and control system technologies to serve markets in emerging avionics, attitude heading and reference systems, aerial targets and unmanned vehicles, guided munitions and industrial control systems. The deal is expected to be finalized by September.