Aeronautics Group – a leading provider of integrated turnkey solutions based
on unmanned systems platforms, payloads and communications for defense and HLS markets – will participate for the first time at IDEX 2021, presenting its Orbiter 4 STUAS and Orbiter 1K Loitering Munition UAS.
Orbiter 4 STUAS is an advanced tactical UAS, multi-mission platform with versatile payloads, optional BLOS operation and extraordinary endurance for all weather conditions. Built on the successful system design of the Orbiter 3 STUAS – in use by many customers around the world and accruing vast operational experience – with its advanced avionics, communications, ground control features and applications, Orbiter 4 retains the legacy capabilities of the combat-proven Orbiter UAS family.
Défense : Magal Security Systems vent sa division Projets à Aeronautics, filiale de Rafael
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Aeronautics buys Magal s integrated solutions activities
Magal, controlled by FIMI, will now focus on four key areas: energy, logistics, critical infrastructure and correctional facilities.
Israeli unmanned aerial systems developer Aeronautics Group, a unit of Rafael Advanced Defense Systems Ltd., has announced that it is acquiring the integrated solutions (projects) division of Israeli company Magal Security Systems Ltd. (Nasdaq: MAGS; TASE: MAGS), including all the division s global operations and subsidiaries. No financial details were disclosed.
The acquisition will extend Aeronautics Group s operations in the defense, and homeland security markets. The acquisition is expected to be completed in the second quarter of 2021, and is subject to customary closing conditions, including regulatory approvals.
Notes:
The UAV market size is expected to accelerate at a CAGR of almost 16% during the forecast period.
The UAV market is segmented by application (Commercial and civil and Defense &homeland security) and geography (North America, Europe, APAC, MEA, and South America).
The market is fragmented due to the presence of many established vendors holding significant market share.
The research report offers information on several market vendors, including Aeronautics Group, AeroVironment Inc., Elbit Systems Ltd., FLIR Systems Inc., General Atomics, Israel Aerospace Industries Ltd., Lockheed Martin Corp., Northrop Grumman Corp., SZ DJI Technology Co. Ltd., and The Boeing Co.
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COVID-19 Impacts | UAV Market Research Will Accelerate at a CAGR of Almost 16% | Technavio
December 28, 2020 GMT
Technavio has announced its latest market research report titled Global UAV Market 2020-2024 (Graphic: Business Wire)
Technavio has announced its latest market research report titled Global UAV Market 2020-2024 (Graphic: Business Wire)
LONDON (BUSINESS WIRE) Dec 28, 2020
The new UAV market research from Technavio indicates negative growth in the short term as the business impact of COVID-19 spreads.
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Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of the UAV market.
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