Falcon’s Beyond Global, Inc. announced on May 9, 2025, the acquisition of Oceaneering Entertainment Systems (OES), a division of Oceaneering International Inc. This acquisition follows a letter of intent previously announced on November 19, 2024.
The transaction includes OES’s global portfolio of patented technologies, proprietary engineering, and manufacturing processes. Falcon’s Beyond also assumed the lease for a 106,000+ square-foot facility and hired key members of OES’s experienced team.
This acquisition significantly enhances Falcon’s Attractions division, positioning it as a vertically integrated global provider of advanced entertainment systems. The company expects this move to diversify its client portfolio, expand market reach, and provide new revenue streams, contributing to future earnings and long-term growth objectives.
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