Parts of Jenoptik’s Defense & Civil Systems division will appear under a new brand name for the first time at Innotrans in Berlin, Germany from 18–21 September 2018.
Under the brand name Vincorion, the mechatronic business will present its products and key competencies in aviation, security and defense, as well as the railway industry in a focused way in the future.
At the beginning of February 2018, the Executive Board announced the group’s “Strategy 2022”. In essence, Jenoptik will be concentrating on photonic technologies for high-growth markets and clustering its activities based on the same business models and a common understanding of markets and customers. The main focus for strategy implementation in 2018 is establishing a new organizational structure, realigning the Asian businesses and launching a new brand for the mechatronic business.
As of 2019, operational activities of Jenoptik will be concentrated in three divisions: Light & Optics (OEM business), Light & Production (industrial customers) and Light & Safety (public-sector customers). These three divisions share core competencies in photonics. This includes expertise in optics, sensors, imaging, robotics, data analysis and human-machine interfaces. The activities of today’s Defense & Civil Systems division that are based on mechatronic technologies will be carried out under the new, independent brand Vincorion.
All photonics-based business activities in this division, meaning the sensors business and Hillos — the joint venture with HILTI —will belong to the new Light & Optics division as of 2019.
Vincorion stands for tailored technology
Under the new brand name Vincorion, Jenoptik’s mechatronic business unites a 60-year success story of tailored technological solutions in energy supply, drive and stabilization technologies, and other specialized products for defense and security, aviation and the railway industry. This business is shaped by long-term customer relationships connected with platform subsystems, which are primarily directed towards international system companies. In most cases, these are preceded by many years of developmental collaboration. Among the important products are, for example, the power supply for the Patriot Missile Defense System, electric gun turret stabilization for the Leopard 2 tank, and generators to provide on-board power for special vehicles. In 1994, Jenoptik acquired former ESW-Extel Systems in Wedel, Germany, and then, in 2004, Lechmotoren, headquartered in Altenstadt, Bavaria. In the past five years, globalization of the business has been at the foreground in terms of development. Revenue of the mechatronic business in the Defense & Civil Systems division was around 175 million euros in 2017.
Vincorion is a name created by combining several elements: the Latin word VINCO, meaning “I win,” the English word CORE and the name ORION, the great, powerful hunter from Greek mythology, for whom a star constellation is named.
With the new brand name Vincorion, the corporate group now ensures a more focused approach in the relevant target markets than before under the Jenoptik brand name. The individual, tailored solutions are based primarily on mechatronic technologies.
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