Procerus acquisition takes Lockheed into new markets
Unmanned-aircraft avionics maker Procerus Technologies was acquired by Lockheed Martin in January, launched development of a vertical-takeoff-and-landing (VTOL) UAS in March and flew the small quadcopter daily at the Association of Unmanned Vehicle Systems International's show here. Before Lockheed acquired Procerus “we had not planned a VTOL,” says Todd Titensor, the company's founder and program management senior manager. Weighing under 5 lb., the battery-powered small UAS can fly for ...
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