Announced
Completed
Financials
Tags
LiDAR scanning
Completed
Single Bidder
Domestic
Majority
Private
United States
Private Equity
Merger
Friendly
Electronic Components and Equipment
Synopsis
Aethon Aerial Solutions, an aerial remote sensing and data analysis, completed the merger with Flight Evolved, a LiDAR scanning and mapping company. As part of the deal, an investment firm Copley Equity Partners invested in both companies. Financial terms were not disclosed. "Aethon and Flight Evolved provide the most effective, and efficient, solutions to these customers via airborne remote sensing and drone technology. We are thrilled to support the Aethon and Flight Evolved teams and help build a significant platform for global growth,” Peter Trovato, Copley Equity Managing Director.
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