AE Industrial Partners acquires UAV Factory

On January 28, Boca Raton, FL-based AE Industrial Partners, LP (“AEI”) announced that it has acquired UAV Factory, a global leader in the tactical Unmanned Aerial Vehicle (UAV) and Intelligence, Surveillance, Reconnaissance (ISR) technology markets. UAV Factory will be a new standalone unmanned technology platform for AEI, as the firm looks to further invest in this fast growing market.  Terms of the transaction were not...

Black Sage wins USAF CUAS contract

The United States Air Force purchased a CUAS radar system from Black Sage to provide precise targeting data for the Air Force Research Laboratory’s (AFRL) Tactical High Power Microwave Operational Responder (THOR) to defeat drones, the Boise, ID-based company announced November 18. In order to provide the precise targeting data required by the THOR system, Black Sage utilized its proprietary DefenseOS software to receive and process...