Senstar Technologies Corporation's wholly owned subsidiary has entered into a definitive agreement to acquire Blickfeld GmbH, a leading producer of 3D LiDAR sensors with integrated software for security, volume monitoring, industrial, and traffic applications. The transaction is valued at €10.4 million in cash, with an additional €1 million in performance-based earnouts. Blickfeld's semiconductor-based LiDAR solutions will join Senstar's portfolio, expanding its capabilities in AI-powered perimeter security and detection. Following the acquisition, Blickfeld and its North American subsidiary will continue to operate under their current names, with Dr. Mathias Müller remaining as CEO. The combined companies aim to enhance situational awareness and deliver more comprehensive intelligent security solutions to a global customer base.