M&A Deal Summary |
|
|---|---|
| Date | 2024-12-03 |
| Target | Skytec - Drone Operations |
| Sector | Electronics |
| Buyer(s) | SmartDrone |
| Sellers(s) | Skytec |
| Deal Type | Divestiture |
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SmartDrone designs, engineers, and manufactures LiDAR and imaging drones and provides nationwide Professional Services. SmartDrone was founded in 2020 and is based in Tyler, Texas,
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Electronics M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Tennessee M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
Skytec is a provider of remote sensing and GIS technology. Skytec uses a combination of satellite imagery, drone technology, and GIS expertise to deliver scalable, high-impact data solutions for sustainable resource management and informed decision-making. Skytec was founded in 2015 and is based in Chattanooga, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Electronics M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Tennessee M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2024 M&A | 1 of 1 |
