Aquiline Drones Acquires ElluminAI Labs

September 15, 2021

Hartford-based Aquiline Drones Corporation announced the acquisition of ElluminAI Labs, LLC to integrate the target's deep-learning AI capabilities into AD's Spartacus framework and advance its drone, cloud and training solutions. The deal is presented as a strategic capability expansion to accelerate AD's R&D, autonomous operations, mission analytics and commercial drone services.

Buyers
Aquiline Drones Corporation
Targets
ElluminAI Labs, LLC
Location
United States
Transaction Type
Buyout

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