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Aerovironment Acquires Planck Aerosystems, A Leading Provider Of Advanced Unmanned Aircraft Navigation Solutions

PUBLIC · AVAVAug 17, 2022

Acquiring Company

AeroVironment

Acquired Company

Planck Aerosystems

ArlingtonManufacturingInformation TechnologyCyber SecurityAerospaceAerospace

Description

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, announced today it has acquired Planck Aerosystems, Inc. (“Planck”), a leading provider of advanced unmanned aircraft navigation solutions. The acquisition will significantly accelerate AeroVironment’s development of advanced autonomy capabilities.

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Company Information

Company

AeroVironment

Location

241 18th Street South, Suite 650

Arlington, Virginia, United States

About

AeroVironment, Inc. is a global leader in all-domain defense technologies, known for pioneering innovative solutions on the battlefield for over 50 years. The company is dedicated to driving agile innovation and delivering comprehensive, next-generation solutions designed to redefine the future of defense.

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Frequently asked

Who acquired Planck Aerosystems?

Planck Aerosystems was acquired by AeroVironment, based in Arlington. The deal was reported on August 17, 2022. AeroVironment, Inc. is a global leader in all-domain defense technologies, known for pioneering innovative solutions on the battlefield for over 50 years. AeroVironment is publicly traded (AVAV) and operates in Manufacturing.

When did AeroVironment acquire Planck Aerosystems?

AeroVironment's acquisition of Planck Aerosystems was reported on August 17, 2022. AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, announced today it has acquired Planck Aerosystems, Inc. (“Planck”), a leading provider of advanced unmanned aircraft navigation solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Planck Aerosystems do?

It is privately held, operating in Aerospace.

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