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Data Center News > Blog > Investments > BAE Systems Acquires Malloy Aeronautics
Investments

BAE Systems Acquires Malloy Aeronautics

Last updated: February 5, 2024 11:14 am
Published February 5, 2024
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BAE Systems, a London, UK-based provider of technology defence, aerospace and security solutions, acquired Malloy Aeronautics, a UK-based company which specializes in innovative heavy lift drone and aeronautical technologies.

The amount of the deal was not disclosed.

With the acquisition, BAE Systems will expand its offerings. BAE Systems and Malloy, who have been working together in advancing UAS solutions since 2021, will further develop Malloy’s existing portfolio and accelerate new and novel technologies to customers worldwide.

Malloy Aeronautics designs and supplies all-electric uncrewed aerial systems (UAS) to both civil and military customers. Its range of uncrewed, heavy lift quadcopters are capable of lifting payloads from 68kg to 300kg over short to medium range missions. Its approximately 80 strong workforce will continue to operate from its site in Berkshire, supporting its existing customers.

BAE Systems has a workforce of 93,100 people in around 40 countries. Working with customers and local partners, it develops, manufactures, and supports products and systems to deliver military capability, protect national security, and keep critical information and infrastructure secure.

BAE Systems and Malloy Aeronautics engineers have been developing the 300kg T-650 all-electric ‘heavy lift’ UAS as a potential new solution to deliver sustainable rapid response capability to military, security and civilian customers.

FInSMEs

05/02/2024

See also  ShopMy Raises $77.5M in Funding

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TAGGED: acquires, Aeronautics, BAE, Malloy, Systems
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