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Drone tech firm PrecisionHawk declares bankruptcy, closing Glenwood South HQ

European firm buys Raleigh-based drone technology firm Precisionhawk

Field Group, a Europe-based company focusing on what it calls "digital reality services," recently acquired Raleigh-based Precisionhawk, a company that secured $136 million millions from investors and built a customer base of Fortune 500 firms while also pioneering drone technology such as beyond line of sight control.

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