# IAI acquires 50% stake in BlueBird Aero Systems

Israel Aerospace Industries (IAI) signed an agreement to acquire 50% of the equity of BlueBird Aero Systems, a UAS developer. Ronen Nadir will continue to hold the remaining 50% and serve as CEO.

- Type: Acquisition
- Announced: 2020-09-24
- Where: Israel
- Status: announced
- Products: VTOL UAS, small tactical UAS
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Israel Aerospace Industries](https://endata.com/companies/22308.md) (acquirer)
- [BlueBird Aero Systems](https://endata.com/companies/45548.md) (target)

## Sources

- [bluebird-uav.com](https://bluebird-uav.com/bluebird-is-soaring-to-new-heights-following-iais-acquisition-of-50-of-its-shares/), 2020-09-24: "Israel Aerospace Industries Ltd. (IAI) today signed an agreement to acquire 50% of the equity of BlueBird Aero Systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.