FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has acquired Aeryon Labs Inc., a leading developer of high-performance unmanned aerial syste
Source: www.businesswire.com
FLIR Systems Inc. acquired Aeryon Labs Inc. for $200 million. Aeryon Labs is a Canadian developer and manufacturer of Unmanned Aerial Vehicles for the global military, public safety, and critical infrastructure markets. It designs and manufactures mission-focused Group 1 UAS solutions built around aircraft under 20 pounds. Aeryon Labs is now part of the FLIR Government and Defense Business Unit’s Unmanned Systems and Integrated Solutions division. The transaction is expected to be $0.02 dilutive to FLIR Systems’ 2019 earnings due to anticipated product development investments and accretive thereafter.
