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Business/Financial

AEI To Build Out Unmanned Tech Platform Starting With UAV Factory Acquisition

By Cal Biesecker

Thursday, January 28th, 2021

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AEI To Build Out Unmanned Tech Platform Starting With UAV Factory Acquisition

UAV Factory's Penguin C MIL small tactical UAV. Photo: UAV Factory

AE Industrial Partners (AEI), which last year began building out a new space technology company through a series of acquisitions of small companies, on Thursday said it will be doing the same thing in the unmanned technology market. AEI acquired Latvia-based UAV Factory, which develops and manufactures a small, person-sized fixed-wing unmanned aerial vehicle (UAV), including the payloads, launcher, engine, ground control station and other components and accessories. The company has 125 employees and its UAVs are used for intelligence,…

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