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HALO Maritime secures $1M funding

January 5, 2011 –

Andover-based HALO Maritime Defense Systems Inc. has raised $1 million in equity financing, according to a filing with the U.S. Securities and Exchange Commission.

The company, founded in 2000 by the father-son team of Robert and Justin Bishop, designs and manufacturers security barriers for government-owned maritime assets, such as Navy bases and nuclear facilities.

The company changed its named from Elemental Innovation Inc. in 2008 and raised a $2 million round in June 2010.

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