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. "Finalizing this acquisition marks an important milestone for Destinus and for Europe's ability to build sovereign, high-performance AI systems for both defense and civil aviation. Daedalean brings exceptional engineering talent and world-class expertise in safety-critical AI. Together, we will accelerate the deployment of next-generation autonomous systems across our interceptor, cruise missile, and UAV platforms, while continuing to advance AI technologies that enhance safety and efficiency in civil aviation," Mikhail Kokorich, Destinus Founder and CEO.

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