Announced
Financials
Tags
Majority
transoceanic piloting software
Domestic
Acquisition
Single Bidder
Software
Friendly
United States
Private
Pending
Synopsis
Red Cat, which provides products, services and solutions to the drone industry, agreed to acquire Skypersonic, a provider of drone products and software solutions. Financial terms were not disclosed. "The addition of Skypersonic will further strengthen our growing suite of highly specialized and unique drone services. We continue to build a strong platform of products and services in the drone industry which is forecast to reach $40bn by 2025." Jeff Thompson, Red Cat CEO.
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