Announced

Completed

Destinus completed the acquisition of Daedalean for $225m.

Synopsis

Destinus, a private European aerospace company, completed the acquisition of Daedalean, a pioneer in safety-critical, certifiable AI avionics software, for $225m. “This acquisition strengthens our technological position by adding world-class AI expertise and deep-learning specialists. Integrating Daedalean’s innovative solutions and exceptional team will accelerate our strategy to develop, certify, and launch intelligent UAV systems for defense and civil markets," Tim Moser, Destinus Co-founder and CTO.

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