Divestiture • Technology Hardware

Aquiline Drones Acquires Aerialtronics

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

Acquisition Context
  • 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.

Explore All 320 Divestiture Technology Hardware Deals - Search the Database Free


M&A Deal Summary

Date June 28, 2021
Target Aerialtronics
Sector Technology Hardware
Buyer(s) Aquiline Drones
Sellers(s) Drone Volt
Deal Type Divestiture
Deal Value 9M USD

Target Company

Aerialtronics

Katwijk, Netherlands
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.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Aquiline Drones

Hartford, Connecticut, United States

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 Context for Buyer #
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 Profile 1

SELLER

Drone Volt

Villepinte, France

Category Company
Founded 2011
Sector Technology Hardware
Employees60
Revenue 33M EUR (2024)
DESCRIPTION

Drone Volt is a Professional civilian drone and an embedded artificial intelligence company. With its 3 brands, Drone Volt, Aerialtronics, and Dronetec, 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 Context for Seller #
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