Patria has signed a invoice of sale for the acquisition of the complete share capital of Nordic Drones Oy (‘Nordic Drones’), a Finnish main drone pilot coach and producer of drones designed for skilled use. Nordic Drones has designed and delivered full options and consumer coaching for varied technical aerial images in addition to mapping, measurement, inspection, management and authority duties for the wants of greater than 100 firms and organizations. The corporate employs 10 folks and is positioned in Muurame, Finland. The events don’t disclose the worth of the acquisition.
Driving Patria’s development technique requires vital investments in product growth, improvements and partnerships. What Patria gives additionally within the area of unmanned system options is continually being developed.
“Integrating the capabilities of unmanned systems into the defence system is a prerequisite when preparing for today’s threats of battlefield. Patria’s strong development and research expertise as well as experience in autonomous systems, indirect fire systems and system integrations make our company a leading player in the field,” says Jussi Järvinen, Govt Vice President of Patria’s Finland Division. “Nordic Drones’ expertise in manufacturing professional drone systems for numerous customers is an excellent and logical reinforcement of Patria’s Unmanned Aerial Systems (UAS) offering, which benefit our mutual and new customers in Finland and internationally, across all operating environments.”
Nordic Drones has been growing unmanned drone methods for over ten years. The corporate has achieved a major place as a accomplice for Nordic safety authorities. “We have succeeded in developing internationally unique product systems with huge market potential. We believe that Patria is the best partner to speed up our internationalization. In the future, we will also be able to offer even wider and more interesting solutions to our customers together with Patria,” feedback Pietari Sorri, Managing Director of Nordic Drones.
The completion of the acquisition requires the approval of the Finnish Ministry of Employment and the Financial system (‘TEM’) and the associated authority course of has began. If the acquisition takes place, it is not going to have an effect on the corporate’s buyer commitments, employment relationships or different commitments made by the corporate. The size of the official course of relies on TEM, the approving authority in query.