France-based defence group Thales has used its corporate venturing unit to take a 20% stake in MultiX, a maker of X-ray machines for airport security.
Thales Corporate Ventures’ purchase of a fifth of MultiX follows its launch in October by Jacques Doremus and Patrick Radisson, both previous employees at Thales Group, with support from the French atomic energy agency, Commissariat à l’Energie Atomique (CEA).
Thales Electron Devices and CEA had developed x-ray detectors for medical imaging applications and devices…