KIBBUTZ SASA, Israel, March 13, 2023 /PRNewswire/ Plasan Sasa Ltd. ("Plasan") announced today on its intention to increase its commitment to the Australian defence industry and to establish a local subsidiary in Australia to be named "Plasan-Australia" which will aim to support its local partners and the projects that Plasan is involved with in Australia in the best possible way, to support the company's AIC commitments and to enhance transfer of technology efforts. Dani Ziv, CEO: "The long term experience and substantial understanding of Australia defense strategic needs for the next decade, as well as the importance for Australia to acquire core and critical technologies and capabilities, have led us to decide to amplify our presence in Australia as well as to shift our supply chain to Australian industry to the widest possible extent. The establishment of Plasan-Australia will solidify this presence." Plasan has a successful history in Australia