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New Deal


Announced

Completed

AgEagle Aerial completed the acquisition of MicaSense from Parrot for $23m.

Financials

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Transaction Value£16m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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sensor manufacturer

Domestic

Friendly

Majority

United States

Electronic Components and Equipment

Single Bidder

Acquisition

Private

Completed

Synopsis

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AgEagle Aerial, a drone systems and solutions provider, completed the acquisition of MicaSense, a multispectral sensor development company, from Parrot, a drone group, for $23m. "MicaSense’s industry-leading solutions, along with the cultural alignment of our two organizations, will allow AgEagle to continue emerging as a dominant player in the commercial drone industry. We are very excited to join the AgEagle family and look forward to bringing the full value of MicaSense to AgEagle’s exciting future growth," Justin McAllister, MicaSense Co-Founder and CTO.

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