Aloft - Ownership and Business Overview

AerospaceCompany

Aloft Ownership

Who owns Aloft?

Aloft is owned by Terra Drone. It was acquired on March 19, 2024.

Aloft Business Overview

Where is Aloft headquartered?

Aloft is headquartered in Silver Spring, Maryland.

What sector is Aloft in?

Aloft is an aerospace company.

When was Aloft founded?

Aloft was founded in 2015.

Aerospace M&A Summary in 2024

Out of 60 sectors in the Mergr database, aerospace ranked 28 in number of deals in 2024. The largest aerospace acquisition in 2024 was Spirit AeroSystems Holdings - which was acquired by The Boeing for $8.3B.

Join Mergr to view all 55 acquisitions of aerospace companies in 2024, including 8 acquisitions by private equity firms, and 47 by strategics.

Aloft

Aloft Technologies, Inc.

10125 Colesville Rd., #274,
Silver Spring, Maryland 20901
United States,
www.aloft.ai

Aloft is a drone fleet and airspace company focused on developing UTM in the United States. The company is a supplier of Federal Aviation Administration ("FAA") certified UAS services, powering over 84% of all airspace authorizations as of October 2022. It also provides a cloud-based drone fleet management system that enables centralized management of aircraft and pilot information. The solution supports complete drone operations, efficiently managing workflows from pre-flight to post-flight, and achieving automation and compliance. Other key features of the solution include aircraft and asset management, real-time live video sharing, and two-way voice communication. Aloft was formed in 2015 and is based in Silver Spring, Maryland.


Company Summary

SECTOR

Aerospace

Established

2015

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