uAvionix Corporation Acquires Iris Automation
October 24, 2023
uAvionix Corporation has acquired Iris Automation, combining uAvionix's communications, navigation and surveillance (CNS) capabilities with Iris Automation's computer vision-based Detect and Avoid (DAA) systems. The deal strengthens uAvionix's ability to offer a multi-layered safety architecture for crewed and uncrewed aircraft and includes a leadership change with Jon Damush (former Iris CEO) named CEO of uAvionix.
- Buyers
- uAvionix Corporation
- Targets
- Iris Automation
- Industry
- Aerospace & Defense
- Location
- Nevada, United States
- Transaction Type
- Buyout
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