Home / M&A Activity / FLIR Buys Aria Insights’ Tethered UAS Assets, Intellectual Property

FLIR Buys Aria Insights’ Tethered UAS Assets, Intellectual Property

Jeff Brody

FLIR Systems (Nasdaq: FLIR) has purchased the intellectual property and tethered drone assets of Aria Insights for an undisclosed sum.

FLIR said Wednesday it will integrate the acquired assets from the now defunct company into its unmanned systems and integrated solutions division.

Aria Insights, formerly known as CyPhy Works, was established in 2008 with a focus on building tethered small unmanned aircraft systems, including the Persistent Aerial Reconnaissance and Communications tethered drone. Aria stopped operations in March.

“Tethered UAS systems are becoming an increasingly valuable tool for force protection, border security, and critical infrastructure protection,” said David Ray, president of FLIR’s government and defense business.

Ray added Aria’s IP assets and tech platforms will further build up FLIR’s current capabilities and help the latter develop a range of platforms for customers in the tethered UAS market segment.

Tethered drones are linked to a vehicle or base station through a microfilament wire and work to provide users with persistent situational awareness.

Check Also

EY Awarded $93M to Continue Army Audit Support

Ernst & Young will continue to help the U.S. Army audit its financial statements under a $93M contract modification.

Navy Awards $1B Contingency Construction IDIQ Modification to 6 Firms

Six companies have received a $1B contract modification under a multiple-award U.S. Navy contract vehicle for contingency construction services at various locations around the world.