Deal Snapshot
AeroVironment Acquires Unmanned Aircraft Navigation Solutions Provider Planck Aerosystems
Thursday 18 August 2022

US-based multi-domain robotic systems specialist AeroVironment, Inc. (NASDAQ: AVAV) has acquired US-based unmanned aircraft navigation solutions provider Planck Aerosystems, Inc, the company said.

The acquisition will significantly accelerate AeroVironment's development of advanced autonomy capabilities. Founded in 2014, Planck has worked closely with customers from the US Department of Defense, security agencies, allied governments and offshore industrials to develop customer-centric unmanned aircraft solutions.

Date Published: 18/08/2022