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Business/Financial

FLIR Acquires Assets Of Former Tethered Drone Company

By Cal Biesecker

Wednesday, October 2nd, 2019

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FLIR Acquires Assets Of Former Tethered Drone Company

Tethered UAS platform made by the former Aria Insights whose assets were acquired by FLIR Systems. Photo: FLIR Systems

FLIR Systems [FLIR] on Wednesday said it has acquired the intellectual property and assets of Aria Insights, Inc., which made tethered drones for intelligence and surveillance, and communications applications before going out of business earlier this year. Terms of the deal were not disclosed. Aria, which was previously known as CyPhy Works, Inc., and was founded by iRobot [IRBT] co-founder Helen Greiner, developed and produced the Persistent Aerial Reconnaissance and Communications (PARC) tethered drone platform that can be equipped with…

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