FLIR - FLIR Systems Acquires Aeryon Labs For UAS Platform Tech
Quick Take
FLIR Systems (FLIR) announced it has acquired Aeryon Labs for $200 million.
Aeryon Labs develops high-performance unmanned aerial systems for government and commercial applications.
FLIR is continuing to acquire platforms to integrate its sensor and imaging technologies as it seeks to better compete in a fast-growing market.
Target Company
Waterloo, Canada-based Aeryon was founded in 2007 to develop drones and software capable of providing high-resolution intelligence, surveillance, and reconnaissance data for the global public safety, military, and critical infrastructure markets.
Management is headed by CEO William McHale, who has been