Aerovironment buys Arcturus UAV in $405M deal January 15
Spc. Christopher McCoy conducts an engine start on the Jump 20 drone prior to a launch during a capabilities assessment at Fort Riley, Kansas, on April 8, 2020. (U.S. Army) Arcturus, which was founded in 2004 in California, specializes in Group 2 and 3 UAS, which run the gamut between drones over 20 pounds and under roughly 1,300 pounds. The Jump is a multimission, medium-endurance, vertical-takeoff-and-landing system that can become airborne independent of a runway. Arcturus also makes the T-20, a multimission, medium-endurance, catapult-launched system. The Army is moving toward a final request for proposals with its Future Tactical UAS program that will replace the Shadow UAS, so the sale of Arcturus to a much larger UAV company is timely.