30 Nov '16, 3pm

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FLIR Systems announced on 30 November that it had acquired Norwegian micro-unmanned aerial vehicle (UAV) manufacturer Prox Dynamics. According to a release from FLIR Systems, the transaction is valued at USD134 million in cash. Prox Dynamics will become part of FLIR's Unmanned Aerial Systems business within its Surveillance segment. FLIR Systems is aiming to develop the Prox Dynamics' PD-100 Black Hornet micro-helicopter UAV through enhancing the range, cost, and performance. Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options  ihs.com/contact

Full article: http://www.janes.com/article/65879/flir-acquires-uav-manu...

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