AeroVironment Acquires Empirical Systems Aerospace (ESAero) for About $200 Million

March 20, 2026

AeroVironment announced it has acquired Empirical Systems Aerospace, Inc. (ESAero) in a deal valued at approximately $200 million, consisting of about $160 million in stock and the remainder in cash (subject to adjustments). ESAero will become a subsidiary within AeroVironment’s Precision Strike and Defense Systems group, strengthening the company’s electric and hybrid propulsion and advanced unmanned aircraft manufacturing capabilities.

Targets
Empirical Systems Aerospace, Inc. (ESAero)
Location
California, United States
Transaction Type
Buyout

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