AeroVironment Acquires Autonomous Air Platform Maker in $200M Deal

AeroVironment acquires autonomous air platform maker in $200M deal

Defense contractor AeroVironment announced today it has acquired uncrewed-aircraft-system and advanced-air-mobility-platform producer Empirical Systems Aerospace in an agreement valued at approximately $200 million. ESAero -- with prototyping and manufacturing facilities in San Luis Obispo, CA -- is recognized for its ability to move from prototype to production at an accelerated pace, according to AeroVironment, which said rapid mobilization ma…

AeroVironment to acquire California drone maker ESAero in $200M deal

The multimillion dollar deal for Empirical Systems Aerospace will “accelerate AV’s ability to bridge the gap between conceptual design and manufacturing execution,” AV chief Wahid Nawabi said.

AeroVironment Acquires ESAero in $200M Deal, Expanding Engineering Capabilities for Defense and Autonomous Aircraft

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 systems continues to grow. According to reporting […] The post AeroVironm…

AeroVironment Acquires Empirical Systems Aerospace

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