BeMac provides baseline grade crypto and key management services to the UK government, military, law enforcement agencies and the finance sector. BeMac will broaden Ultra’s crypto portfolio beyond the high-grade domain and also provide access to the lucrative financial services market.

The businesses employ 58 staff and have a LIST-X engineering facility based in Derby and a Head Office in Letchworth. BeMac will be absorbed into Ultra’s existing AEP Networks business in the Tactical & Sonar Systems Division.