Sat, Apr 13, 2019
Company Will Continue Normal Operations Under New Management
American Aerospace Technologies, a provider of real-time remote sensing and airborne intelligence services for enterprise, has signed a definitive agreement to acquire Sky Scape Industries, an unmanned technology service-provider. SSI’s services are widely used by critical infrastructure operators in the electric, water, and oil & gas industries. SSI will continue to provide integration services, professional drone advisory services, and inspection services nationwide.
“The SSI team is world class, and is perfectly aligned with AATI’s core values - providing safe and effective integration of airborne remote sensing technology with a primary focus on Part 107 drone operations,” stated David Yoel, CEO of AATI. “By combining the two complimentary companies, we expand our ability to offer products and services with manned aircraft, long endurance unmanned aircraft and small UAS.”
“AATI is a true leader in the unmanned industry. They have the resources and capabilities to truly push the unmanned industry to new heights. Our unification is solidified by our common core values - passion for innovation and driving this industry further,” said Nathan Ernst, Founder and president of SSI.
“The unmanned aviation industry continues to accelerate, including the integration of long endurance UAS beyond visual line of sight (BVLOS) into the National Airspace System and Unmanned Traffic Management (UTM) integration for small UAS,” continued Mr. Yoel. “As we continue our endeavors at the forefront, SSI will create exponential value-add for existing and new customers.”
SSI was founded in 2014 and is headquartered in New Jersey. The acquisition remains subject to customary closing conditions. SSI will operate as a separate subsidiary entity focusing on small Unmanned Aerial Systems (sUAS) and related services. More details about the acquisition will be provided in subsequent posts via each company’s website and news releases in the near future.
(Source: SkyScape news release)
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