# AE Industrial Partners acquires UAV Factory

AE Industrial Partners, a private equity firm, has acquired UAV Factory, a global leader in tactical UAV and ISR technology based in Riga, Latvia. Terms were not disclosed. UAV Factory will become a standalone unmanned technology platform for AEI.

- Type: Acquisition
- Announced: 2021-01-28
- Where: Riga, Latvia
- Status: completed
- Products: tactical UAVs, ISR sensors, airframes, engines
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [AE Industrial Partners](https://endata.com/companies/10069.md) (acquirer)
- [UAV Factory](https://endata.com/companies/52877.md) (target)

## Sources

- [suasnews.com](https://www.suasnews.com/2021/01/ae-industrial-partners-acquires-uav-factory-a-leader-in-the-tactical-unmanned-aerial-vehicle-uav-and-isr-technology-markets/), 2021-01-28: "UAV Factory will be a new standalone unmanned technology platform for AEI, as the firm looks to further invest in this fast-growing market."
- [airport-technology.com](https://www.airport-technology.com/news/ae-industrial-uav-factory-acquisition/), 2021-01-28: "UAV Factory’s engineering and technical capabilities, combined with its proven and growing set of technology solutions, are truly differentiated in the market."

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