Wednesday, December 9, 2020

AeroVironment Buys Robot Maker Telerob

Simi Valley-based AeroVironment, which develops unmanned aircraft, said on Tuesday that it is acquiring Telerob Gesellschaft fur Fernhantierungstechnik mbH (Telerob), a developer of ground robots. AeroVironment said it will pay approximately $45.4 million in cash, and will pay-off approximately $9.4 million in Telerob's debt at closing. Tele

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