Xtend Announces Acquisition Of Leading Drone Inspection Specialists Performance Rotors
Acquiring Company
XTEND
Acquired Company
Performance Rotors
Description
XTEND – the developer of XOS, a human-guided autonomous operating system that is revolutionizing 'human to machine' interaction, has acquired Performance Rotors, the Singapore-based leading drone inspection specialists, in a move that will boost XTEND's ability to offer human-guided, remote interactive operations in a range of inspection scenarios, and grow its global business. Financial terms of the transaction were not disclosed.
Quick answer
XTEND is acquiring Performance Rotors, announced May 18, 2023.
- How much did XTEND pay for Performance Rotors?
- The deal value was not disclosed.
- What does XTEND do?
- XTEND is a software-first defense technology company specializing in autonomous systems.
- Who are the decision-makers at XTEND?
- Fundz holds 5 contacts at XTEND. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Performance Rotors?
Performance Rotors was acquired by XTEND. The deal was reported on May 18, 2023. XTEND is a software-first defense technology company specializing in autonomous systems. XTEND is privately held and operates in Software.
When did XTEND acquire Performance Rotors?
XTEND's acquisition of Performance Rotors was reported on May 18, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Performance Rotors do?
Performance Rotors develops small, smart aerial drone solutions for deployment in dangerous and challenging confined space environments, making inspection work safer, more efficient and cost effective. It is privately held, operating in Software.
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