AeroVironment acquires Pulse Aerospace

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By Staff Report / Tuesday, June 11th, 2019 / Comments Off on AeroVironment acquires Pulse Aerospace

Simi Valley aerospace manufacturer AeroVironment acquired Kansas-based Pulse Aerospace and its portfolio of small helicopter drones for $25.7 million in cash June 11. The deal also includes $5 million installments for later milestone achievements, AeroVironment said in a news release. The company had $149 million in cash on hand at the end of January, according…

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