AE Industrial Partners, a private equity firm, completed the acquisition of UAV Factory, a tactical UAV design and manufacturing firm. Financial terms were not disclosed. "UAV Factory's engineering and technical capabilities, combined with its proven and growing set of technology solutions, are truly differentiated in the market. We are excited to partner with the talented UAV Factory team and are confident that our collective strategic vision for an unmanned technology platform will yield powerful results in this fast-growing market," Jeffrey Hart, AEI Principal.