AeroVironment to buy Tomahawk Robotics

AeroVironment announced today it plans to acquire Tomahawk Robotics, a maker of artificial intelligence-enabled robotic control systems, for $120 million in a mix of cash and stock.

"The acquisition will enable deeper integration of both companies' technology, leading to enhanced interoperability and interconnectivity of unmanned systems through a singular platform with similar control features," an AeroVironment statement reads. "This will ultimately enable warfighters to operate various connected robotic solutions in the battlefield and share information between multiple domains with one common controller."

Tomahawk Robotics will become part of the small uncrewed aerial systems business unit within AeroVironment's Unmanned Systems segment.

"We intend to retain all of their workforce and existing facilities in Florida," said AeroVironment's CEO and Chairman Wahid Nawabi. “We will support all existing Tomahawk Robotics customers and their products will remain platform agnostic to the market and within the industry. We also plan to introduce Tomahawk Robotics solutions to AeroVironment's growing network of more than 55 allied nations.”