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Patria has signed a invoice of sale for the acquisition of your entire 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 individuals and is positioned in Muurame, Finland. The events don’t disclose the worth of the acquisition.
Driving Patria’s progress technique requires important investments in product growth, improvements and partnerships. What Patria provides additionally within the discipline of unmanned system options is continually being developed.
“Integrating the capabilities of unmanned methods into the defence system is a prerequisite when making ready for as we speak’s threats of battlefield. Patria’s sturdy growth and analysis experience in addition to expertise in autonomous methods, oblique fireplace methods and system integrations make our firm a number one participant within the discipline,” says Jussi Järvinen, Government Vice President of Patria’s Finland Division. “Nordic Drones’ experience in manufacturing skilled drone methods for quite a few clients is a superb and logical reinforcement of Patria’s Unmanned Aerial Programs (UAS) providing, which profit our mutual and new clients in Finland and internationally, throughout all working environments.”
Nordic Drones has been growing unmanned drone methods for over ten years. The corporate has achieved a big place as a companion for Nordic safety authorities. “We have now succeeded in growing internationally distinctive product methods with enormous market potential. We imagine that Patria is the perfect companion to hurry up our internationalization. Sooner or later, we will even be capable to provide even wider and extra fascinating options to our clients along 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 won’t 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.
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