Announced
Completed
Financials
Tags
United States
drone technology
Friendly
Majority
Acquisition
Single Bidder
Completed
Electronic Components and Equipment
Private
Synopsis
Universal Power completed the acquisition of WavDrone, a startup that specializes in advanced drone technology. Financial terms were not disclosed. The start-up technology company is now wholly owned by Universal Power and will continue the development of certain drone software and technology primarily for use by local, state and federal governments and the military.
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