M&A Deal Summary

Aquiline Drones Acquires Aerialtronics

On June 28, 2021, Aquiline Drones acquired technology hardware company Aerialtronics from Drone Volt for 9M USD

Acquisition Highlights
  • This is Aquiline Drones’ 1st transaction in the Technology Hardware sector.
  • This is Aquiline Drones’ largest (disclosed) transaction.
  • This is Aquiline Drones’ 1st transaction in the Netherlands.

M&A Deal Summary
Date 2021-06-28
Target Aerialtronics
Sector Technology Hardware
Buyer(s) Aquiline Drones
Sellers(s) Drone Volt
Deal Type Divestiture
Deal Value 9M USD

Target

Aerialtronics

Katwijk, Netherlands
website
Aerialtronics is an end-to-end solution developer that utilizes drones, artificial intelligence, and IoT data to provide businesses with augmented and actionable insights that create a perfect synergy between aerial applications and everyday business operations. Aerialtronics is based in Katwijk, Netherlands.

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Buyer(S) 1

Buyer

Aquiline Drones

Hartford, Connecticut, United States

website

Category Company
Sector Technology Hardware
DESCRIPTION

Aquiline Drones is a manufacturer of unmanned aerial systems (UAS) and cloud solutions provider for commercial drone operations. Aquiline Drones offers innovative ways of using drones in commercial activities. Supported by a dedicated UAV cloud, autonomous drone operations with real-time control, and dynamic on-field decision-making capabilities, Aquiline Drones' full-spectrum of technological solutions provide increased applicability across countless industries and environments by delivering real-time data insights. Aquiline Drones is based in Hartford, Connecticut.

DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2021) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-16 ElluminAI

Fairfax, Virginia, United States

ElluminAI is a high-tech artificial intelligence software company offering a cloud-based framework that facilitates AI-driven complex data analytics, autonomous training, and personalized performance assessment across any LMS for business, government, and defense. ElluminAI is based in Fairfax, Virginia.

Buy -

Seller(S) 1

SELLER

Drone Volt

Villepinte, France

website

Category Company
Founded 2011
Sector Technology Hardware
Employees40
Revenue 14M EUR (2022)
DESCRIPTION

Drone Volt is a Professional civilian drone and embedded artificial intelligence company. With its 3 brands, drone volt, aerialtronics, and dandrone, the group is always developing more innovative solutions for the energy, construction, civil engineering, and security industries for applications such as inspection, surveillance, surface treatment, thermography, search and rescue missions. Drone Volt was founded in 2011 and is based in Villepinte, France.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Divestiture) 1 of 1
Country (Netherlands) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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