Mon. Sep 25th, 2023
    AeroVironment Completes Acquisition of Tomahawk Robotics for $120 Million

    AeroVironment, a global leader in intelligent multi-domain robotic systems, has announced the completion of its acquisition of Tomahawk Robotics, a company specializing in AI-enabled robotic control and integrated communications systems. The acquisition, valued at $120 million, was finalized in August and involved a combination of cash and stock.

    AeroVironment’s Chairman, President, and CEO, Wahid Nawabi, expressed excitement about the acquisition, highlighting the benefits of integrating both companies’ technologies. The goal is to leverage AI and autonomy capabilities to enhance AeroVironment’s platforms and provide optimal solutions for customers’ operational needs.

    One of Tomahawk Robotics’ key products is Kinesis, an AI-enabled control system widely used across the U.S. Department of Defense and the defense industry. By combining Tomahawk Robotics’ AI-enabled technology with AeroVironment’s unmanned systems, warfighters will be able to operate interconnected robotic solutions on the battlefield and seamlessly share information across multiple domains and platforms using a common controller.

    The employees of Tomahawk Robotics will become part of AeroVironment’s Small UAS (SUAS) business unit within the Unmanned Systems segment. AeroVironment is committed to supporting all existing Tomahawk Robotics customers and ensuring that their products remain platform, market, and industry agnostic.

    The acquisition also opens doors for global expansion, with AeroVironment planning to introduce Tomahawk Robotics’ solutions to its growing customer base of more than 55 allied nations.

    In conclusion, AeroVironment’s acquisition of Tomahawk Robotics positions the company to further advance the integration of AI and autonomy into its robotic systems. By uniting their technologies, AeroVironment aims to provide cutting-edge solutions to meet the operational needs of its customers.