Event
Israel Aerospace Industries acquires 50% of BlueBird Aero Systems
Key points
- Israel Aerospace Industries signed an agreement to acquire 50% of BlueBird Aero Systems.
- IAI acquired shares from Piramal Technologies, Fiberless Access and Ronen Nadir, while Nadir continued to hold 50% and serve as CEO.
- The companies framed the transaction around expanding tactical UAS and VTOL capabilities for military, homeland security and commercial applications.
Company context
BlueBird Aero Systems develops and manufactures tactical unmanned aircraft systems for defence, homeland security and civilian missions. Its portfolio includes fixed-wing, hybrid VTOL and loitering UAS platforms such as ThunderB-VTOL, WanderB-VTOL, SpyX and BarB-X.
Context
- Company
- BlueBird Aero Systems
- Segment
- Defence
- Event type
- Acquisition
- Geography
- Emek Hefer · Israel