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Unmanned Systems

Sierra Nevada Corp. Acquires Assets, Intellectual Property of Volansi

Frank Wolfe

Monday, October 10th, 2022

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Sierra Nevada Corp. Acquires Assets, Intellectual Property of Volansi

Shot of Female Government Agent Tracking Fugitive with Her Computer in Big Monitoring Room Full of Computers with Animated Screens.

Sierra Nevada Corp. has acquired the assets and intellectual property (IP) of Volansi in an all-cash deal. Volansi, a Silicon Valley-based drone maker backed by $75 million in venture capital funding, filed for assignment for benefit of creditors (ABC) status on Aug. 1 with the California Secretary of State's office (Defense Daily, Sept. 12). "Volansi was a partner to us at SNC for a series of captures--[the U.S. Army's] Future Tactical UAS [unmanned aircraft system] being one," Tim Owings executive…

Congress

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