Huge news from our portfolio company Dedrone who have announced their acquisition of Aerial Armor , a leader in counterdrone systems and integrator of drone detection hardware.
The highly strategic transaction brings together two of the best teams and technology platforms in counterdrone security. The combined entity now offers coverage for approximately 50% of the US population laying an incredible foundation for the company’s ‘DedroneCIty’ launch later this year.
Speaking about the acquisition, Dedrone CEO Aaditya Devarakonda said: “We have created a fantastic rapport with the team at Aerial Armor and are greatly impressed with their technology, expertise and the strong customer relationships they’ve built. As we come together under the Dedrone umbrella, we’re confident we will continue to find great synergies in our respective platforms and bring new innovations to market for our customers.”
Source: Dedrone
Read more: Dedrone
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