Ondas Holdings (American Robotics) Acquires Ardenna
March 21, 2022
Ondas Holdings, through its subsidiary American Robotics, entered into a definitive agreement to acquire Ardenna, a provider of image-processing and machine-learning software for rail infrastructure inspections. The deal will integrate Ardenna's Rail-Inspector analytics into American Robotics' Scout autonomous drone platform to deliver end-to-end monitoring and inspection solutions for the rail industry; Ardenna is a wholly-owned subsidiary of Bihrle Applied Research Inc., and the acquisition was expected to close in Q2 2022.
- Targets
- Ardenna Inc.
- Sellers
- Bihrle Applied Research Inc.
- Industry
- AI & Machine Learning
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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