Unusual Machines Acquires Fat Shark Holdings and Rotor Riot

Rocket One to Acquire Tracer Drone Technologies

September 22, 2026

Aerospace & Defense

Rocket One entered into a definitive agreement to acquire 100% of Tracer Drone Technologies, a provider of drone hardware, software, training, maintenance, and managed services. The acquisition is subject to customary closing conditions and is intended to give Rocket One an established commercial platform in public safety and enterprise markets, as well as a channel for its AI-enabled autonomous and counter-UAS technologies.

Voyager Interests Acquires Rotorcraft Leasing Company

June 30, 2026

Transportation

Voyager Interests has taken control of Rotorcraft Leasing Company, a helicopter operator based in Broussard, Louisiana. The deal transfers ownership from Bluehenge Capital Partners and a group of undisclosed investors and adds more than 30 purpose-built helicopters and six land-based bases to Voyager’s portfolio effective immediately.

Aptean Acquires ROTOR Software GmbH

June 17, 2026

Software

Aptean acquired ROTOR Software GmbH, a provider of dealer management solutions for motorists, agricultural, and construction machinery sectors in the DACH market. The deal expands Aptean’s presence in DACH and strengthens its portfolio of purpose-built dealer management systems for machinery dealers, repair shops, and related businesses.

XTI Aerospace Acquires Drone Nerds; Unusual Machines Invests $25M in XTI

November 10, 2025

Aerospace & Defense

XTI Aerospace acquired Drone Nerds, a major U.S. drone distributor and service provider, in a transaction announced in November 2025 that included approximately $40 million in purchase consideration. Concurrently, Unusual Machines made a $25 million strategic investment in XTI via convertible preferred stock to support XTI's expansion of vertical flight and unmanned aircraft systems (UAS) capabilities.

Fox Innovation & Technologies Acquires Cotter Holdings Group

August 6, 2024

Industrial Services

Fox Innovation & Technologies (a PE-backed platform backed by Bluewater) has acquired Cotter Holdings Group, including S.T. Cotter Turbine Services, Axis Mechanical Group and Axis Industrial Repair, to add field project execution capabilities to its turbomachinery platform. The deal brings the combined Fox platform to over $100 million in proforma LTM revenue and adds ~500 peak-capacity field personnel to expand service coverage across the United States; terms were not disclosed.

UAS Drone Corp. Acquires Duke Robotics, Inc.

July 1, 2020

Aerospace & Defense

UAS Drone Corp. (OTC: USDR) completed its acquisition of Duke Robotics, Inc., with Duke Robotics becoming a wholly-owned subsidiary after a share exchange that issued Duke shareholders stock representing 71% of the post-transaction capitalization. The combined company will focus on Duke Robotics' military UAS technology (TIKAD) and Duke's management and board now hold key leadership positions in the combined business.