DELAIR Acquires SQUADRONE SYSTEM

October 29, 2024

DELAIR has acquired Grenoble-based drone manufacturer SQUADRONE SYSTEM, a specialist in drone swarms and automated industrial inspection. SQUADRONE SYSTEM was founded in 2014, employs ~22 people and had an estimated €2M revenue in 2024; the purchase accelerates DELAIR's dual civil and defense technological roadmap and strengthens its swarm and inspection capabilities.

Buyers
DELAIR
Targets
SQUADRONE SYSTEM
Location
Auvergne-Rhône-Alpes, France
Transaction Type
Buyout

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