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AeroVironment Acquires Provider Of AI-Enabled Technology To Expand Autonomy Capabilities

Cal Biesecker By
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AeroVironment Acquires Provider Of AI-Enabled Technology To Expand Autonomy Capabilities
AeroVironment’s Quantix tactical UAS can take-off and land vertically and transition to fly like a fixed-wing aircraft. Photo: AeroVironment

Fresh off its acquisition of Arcturus UAV, AeroVironment, Inc. [AVAV] on Wednesday said it has acquired a small business unit of Progeny Systems Corp. that develops artificial intelligence (A)-enabled technologies to advance and accelerate autonomy capabilities for the company’s robotic systems. AeroVironment said the $30 million acquisition of Progeny’s Intelligent Systems Group (ISG) will also increase its customer-funded research and development and broaden its engineering services it offers to defense and commercial customers. ISG, which is based in Manassas, Va.,…

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