Acquisition adds advanced aircraft design and manufacturing expertise as the defense drone industry continues to consolidate. U.S. drone manufacturer AeroVironment (NASDAQ: AVAV) has acquired aerospace engineering firm Empirical Systems Aerospace in a deal valued at approximately $200 million, expanding the company’s engineering capabilities as demand for unmanned aircraft … [Read more...] about AeroVironment Acquires ESAero in $200M Deal, Expanding Engineering Capabilities for Defense and Autonomous Aircraft
drone defense technology
Can Old Weapons Become Counter-Drone Systems?
Funding Will Help Deploy Autonomous Weapon Stations to Meet Rising Threat of Unmanned Systems Austin-Based ACS Secures Series A Investment Allen Control Systems (ACS), a defense technology company focused on autonomous weapon systems, has raised $30 million in Series A funding. Craft Ventures led the round, with continued support from Inspired Capital and Rally Ventures. The … [Read more...] about Can Old Weapons Become Counter-Drone Systems?
