Merger • Aerospace

Aethon Aerial Acquires Flight Evolved

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

Acquisition Context

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.

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M&A Deal Summary
Date	October 5, 2020
Target	Flight Evolved
Sector	Aerospace
Buyer(s)	Aethon Aerial
Deal Type	Merger

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Aerospace	1 of 1
Type: Merger	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2020	1 of 1

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