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AeroVironment to acquire Tomahawk Robotics for $120 million · Endata

◂ Announcements

Automation and Roboticsworld trade 2024+4.2% 5Y CAGR

Aerospace Componentsworld trade 2024+1.2% 5Y CAGR

Aug 22, 2023ACQUISITIONUnited States

AeroVironment to acquire Tomahawk Robotics for $120 million

AeroVironment announced a definitive agreement to acquire Tomahawk Robotics, a leader in AI-enabled robotic control systems, for $120 million in cash and stock. The acquisition aims to enhance interoperability of unmanned systems.

Value

$120.0M

Status

Announced

ProductsAI-enabled robotic control systemsunmanned systems

CompaniesAeroVironment acquirer Tomahawk Robotics target

Sectors#Automation and Robotics #Aerospace Components

“The acquisition of Tomahawk Robotics will not only provide AeroVironment with strong new members of our team, but a quality brand and products that are widely respected in the industry.”investor.avinc.com

1 source
investor.avinc.comAeroVironment, Inc. to Acquire Tomahawk Robotics | AeroVironment, Inc.Aug 22, 2023

Summarized from public sources; check the original articles before acting on it.

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