Resilient Energy to acquire Challenger Aerospace & Defense.

Resilient Energy, an energy company, offered to acquire Challenger Aerospace & Defense, a drone developer. Financial terms were not disclosed. "We have emphasized our dedication to seizing opportunities in advanced technology areas aligned with our strategic vision. Today, we celebrate a significant milestone with the formal intention of acquiring Challenger Aerospace & Defense Inc. Its global reach and market potential, with over 40 available products, promises significant revenue potential. The unmanned aerial vehicle and drone technology domain is a multibillion-dollar market. This intended acquisition reinforces our commitment to value creation through revenue growth, margin expansion, and cash flow generation," Jon Bianco, RENI CEO.