AE Industrial Partners Acquires UAV Factory

January 28, 2021

AE Industrial Partners (AEI) has acquired UAV Factory, a Riga, Latvia–based designer and manufacturer of small fixed‑wing tactical UAVs and ISR payloads, to form a standalone unmanned technology platform. Terms were not disclosed; UAV Factory — which also has a location in Bend, Oregon — has delivered more than 300 aircraft to customers in 55+ countries and will continue under existing leadership, with co‑founder Konstantin Popiks remaining in a senior role.

Targets
UAV Factory
Location
Latvia
Transaction Type
Buyout

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