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M&A Deal Summary

Aethon Aerial Acquires Flight Evolved

On October 5, 2020, Aethon Aerial acquired aerospace company Flight Evolved

Acquisition Highlights
  • This is Aethon Aerial’s 1st transaction in the Aerospace sector.
  • This is Aethon Aerial’s 1st transaction in the United States.
  • This is Aethon Aerial’s 1st transaction in California.

M&A Deal Summary
Date 2020-10-05
Target Flight Evolved
Sector Aerospace
Buyer(s) Aethon Aerial
Deal Type Merger

Target

Flight Evolved

San Diego, California, United States
Flight Evolved is an operator in the remote sensing industry with an innovative approach to leveraging UAVs (unmanned aerial vehicles), helicopter-borne sensor systems, and powerful data analysis software. Flight Evolved was founded in 2015 and is based in San Diego, California.

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Buyer(S) 1

Buyer

Aethon Aerial

Burlington, Ontario, Canada
Category Company
Founded 2016
Sector Aerospace
DESCRIPTION

Aethon Aerial provides advanced aerial inspection services to Utility, Oil & Gas, and Municipal customers globally. Aethon Aerial was founded in 2016 and is based in Burlington, Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Aerospace M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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