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16.03.26 - 21:09
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AV Acquires Empirical Systems Aerospace, Inc. (Business Wire)
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Strategic Acquisition Strengthens AV's Manufacturing Capabilities in Electric and Unmanned AviationARLINGTON, Va. & SAN LUIS OBISPO, Calif.--(BUSINESS WIRE)--$AVAV #AVAV--AeroVironment, Inc. (“AV” or the “Company”) (NASDAQ: AVAV) today announced that it has acquired Empirical Systems Aerospace, Inc. (“ESAero”), a leading producer of unmanned aircraft systems (UAS) and advanced air mobility (AAM) platforms.
ESAero is recognized for its deep engineering expertise, innovative electric and hybrid propulsion capabilities, rapid aerospace prototyping, and AS9100 Certified UAS manufacturing. Operating out of a 32,000 sq. ft. design and prototyping facility and a 53,000 sq. ft. manufacturing facility in San Luis Obispo, CA, with multiple integration and test facilities in the area, ESAero has expanded its operations to support system testing and advanced product development. ESAero's culture of technical rigor and rapid innovation also aligns with AV's mission-focused approach and commitment to dev...
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