Home / M&A Activity / David Yoel: American Aerospace Makes UAS Market Push Through PAE ISR Acquisition

David Yoel: American Aerospace Makes UAS Market Push Through PAE ISR Acquisition

Jeff Brody
David Yoel

American Aerospace Technologies Inc. has bought unmanned aircraft system manufacturer PAE ISR for an undisclosed amount in a move to grow AATI's UAS offerings.

AATI said Wednesday the acquisition was part of PAE’s efforts to divest original equipment manufacturing operations and financed by New York-based Riva Ridge Capital Management.

PAE ISR developed the Resolute Eagle, a Group 3 UAS platform that employs conventional and hybrid vertical takeoff-and-landing configurations. The system is designed to work with AATI’s cloud-based InstiMaps threat detection system, which uses a multispectral sensor and an artificial intelligence technology for data visualization.

David Yoel, founder and CEO of AATI, said he foresees the potential of beyond visual line-of-sight UAS technology in the critical infrastructure area.

Mountain View, Calif.-based AATI offers unmanned and manned aircraft flight, UAS airspace development, payload design and sensor integration services.

Check Also

Former Symantec Exec Nico Popp Joins Forcepoint as Chief Product Officer

Nico Popp, former senior vice president for cloud and information protection at Symantec, has been named chief product officer of cybersecurity company Forcepoint.

Microsoft Gets Task Order Under DoD’s JEDI Cloud Contract

The Department of Defense has awarded a task order worth $1M to Microsoft (Nasdaq: MSFT) under the potential 10-year Joint Enterprise Defense Infrastructure cloud computing contract.