Destinus to Expand AI Solutions for Unmanned Flight Systems Through Daedalean Acquisition
Summary
Destinus has signed a binding agreement to acquire Swiss AI aviation company Daedalean. The deal will bring Daedalean’s AI capabilities into Destinus’s core products and strengthen its technology stack. Destinus plans to use the acquired technology to expand AI solutions for unmanned flight systems in civil and defense markets. The company says the move will help it develop, certify, and launch intelligent UAV systems more quickly. The acquisition is valued at CHF 180 million.
Classifications
industries
Aerospace
applications
AI & Machine learning
AskAI Classifications
Labels
Aerospace Software
Artificial Intelligence
Avionics Software
Linked Companies
Daedalean AG
$10M to $25M