Investment Summary

Sumitomo Invests In OneSky Systems

On April 20, 2020, Sumitomo invested in aerospace company OneSky Systems

Investment Highlights
  • This is Sumitomo’s 2nd transaction in the Aerospace sector.
  • This is Sumitomo’s 11th transaction in the United States.
  • This is Sumitomo’s 2nd transaction in Pennsylvania.

Investment Summary
Date 2020-04-20
Target OneSky Systems
Sector Aerospace
Investor(s) Sumitomo
Deal Type Stake Purchase

Target

OneSky Systems

Exton, Pennsylvania, United States
OneSky Systems, Inc. develops UAS traffic management systems, which establish safe flight paths to prevent collisions between UAVs. This kind of traffic management requires more advanced technical capabilities than traditional aircraft control systems. OneSky Systems was formed in 2015 and is based in Exton, Pennsylvania.

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Investor(S) 1

Investor

Sumitomo

Tokyo, Japan
Category Company
Founded 1919
Sector Distribution
Employees74,920
Revenue 5.50T JPY (2022)
DESCRIPTION

Sumitomo is a global network and based on trust from companies in various industries and from consumers, Sumitomo Corporation engages in multifaceted business activities by making the most of its Integrated Corporate Strength. These business activities include sales of a variety of products and services within Japan, import and export, trilateral trade, and domestic and international business investment. Sumitomo was founded in 1919 and is based in Tokyo, Japan.

DEAL STATS #
Overall 37 of 45
Sector (Aerospace) 2 of 2
Type (Stake Purchase) 10 of 12
State (Pennsylvania) 2 of 2
Country (United States) 11 of 13
Year (2020) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-25 Origin Wireless

Greenbelt, Maryland, United States

Origin Wireless, Inc. is a developer of advanced wireless sensing technologies for various “Smart Life” applications. Origin Wireless is based in Greenbelt, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-07 H2Pro

Israel

H2Pro Ltd. is a startup company that develops new hydrogen production technology. H2Pro was founded in 2019 and is based in Israel.

Buy -
Mergr

Product

Company

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