Optronic Technologies, Inc., better known to backyard astronomers as Orion Telescopes & Binoculars, has announced the acquisition of Meade Instruments following the approval of the United States Bankruptcy Court for the Central District of California. Peter Moreo, President of Orion (and new President of Meade), states, “I am honored to have the opportunity to work with Meade employees, customers, and suppliers as the next phase of Meade’s corporate journey begins.” For over four decades, Meade Instruments has been one of the world's largest designers and manufacturers of telescopes and accessories for amateur astronomers. The company has worked closely with independently owned and operated retailers that serve both casual and advanced amateur astronomers. In 2019 Orion Telescopes & Binoculars sued Meade, then a subsidiary of Chinese manufacturer Ningbo Sunny Electronic Co. Ltd, in an antitrust lawsuit that included several other manufacturers. The lawsuit found that Sunny...