Volatus Aerospace Completes Acquisition of AISPECO
Bitget2026/10/28 11:35- Volatus Aerospace completed its acquisition of Lithuania-based AISPECO, a developer and manufacturer of airborne sensor systems and flight-management software.
- Consideration includes USD 3 million in cash and 17,434,193 common shares at a deemed price of CAD 0.5813 per share.
- The acquisition consideration also includes 1,859,804 restricted share units.
- Contingent consideration of up to USD 2.5 million may be payable in cash or common shares upon meeting milestones over three years.
- The deal adds proprietary technology and a Lithuanian engineering and manufacturing base, supporting expansion in defence and aerial intelligence markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
Crypto prices
More
