Announced

Completed

Versaterm completed the acquisition of Aloft.

Synopsis

Versaterm, a provider of public safety technology solutions, completed the acquisition of Aloft, the industry-standard in airspace intelligence and flight safety solutions. Financial terms were not disclosed. Aloft’s advanced airspace awareness and authorization capabilities will be integrated directly into the DroneSense by Versaterm platform. This will empower agencies to seamlessly manage drone operations, flight authorizations and regulatory compliance from one platform – elevating drone programs as core operational assets.

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MergerLinks - Versaterm completed the acquisition of Aloft.