BT Brands to merge with Aero Velocity.

BT Brands, a US company that owns and operates a portfolio of restaurant concepts across the country, agreed to merge with Aero Velocity, a drone service provider specializing in LiDAR and multispectral imaging solutions. Financial terms were not disclosed. “We are equally excited about the tremendous opportunities that lie ahead for Aero Velocity and welcome the platform for growth that we believe will result from this transaction. The application of UAV technologies throughout the value chain is still in its infancy. We are eager to push the boundaries of what drones can contribute in the way of safety, cost savings and other efficiencies," Mark Hastings, Aero Velocity CEO.