XTI Aerospace Acquires Leading UAS Firm Drone Nerds

Image caption: XTI Aerospace has acquired Drone Nerds, a large UAS distri-bution and service provider, for $40 million  Image credit: StockCake

XTI Aerospace has acquired Drone Nerds, a large UAS distribution and service provider, for $40 million.

Credit: StockCake
XTI Aerospace, a developer of vertical flight technologies and vertical takeoff and landing (VTOL) aircraft, has paid $40 million to acquire Drone Nerds, one of the largest uncrewed aircraft systems (UAS) distribution and service providers in the U.S. Profitable for a decade, Drone Nerds posted...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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