Aquiline Drones (AD), an American-based manufacturer of unmanned aerial systems (UAS) and cloud solutions provider for commercial drone operations in Hartford recently announced it has purchased 50% of the capital of Aerialtronics, an end-to-end solutions developer in the Netherlands that uses drones, artificial intelligence (AI) and IoT data to provide real-time insights for a variety of business operations. The $9 million US dollar transaction is the latest acquisition for AD in its continued commitment to becoming a full-scale, global leader in the UAS industry. Aerialtronics is a subsidiary of Drone Volt (DV), a publicly traded French manufacturer of professional civil drones and embedded AI, with which AD partnered in October 2020.
“Our new ownership of this highly-advanced Dutch company further allows us to access years of cutting-edge research and development in UAS technology to fill our national void with competitively priced, American-made drone products,” said Barry Alexander, founder and CEO of Aquiline Drones. “With the commercial drone sector expected to double to over $42 billion by 2025, we are in a powerful position to deliver total planetary protection with our comprehensive drone ecosystem.”
Aquiline Drones is the leading American drone company founded by highly experienced aviators, systems engineers and IT gurus offering innovative ways of using drones in commercial activities. Visit AquilineDrones.com for more information.
