Mon, Mar 03, 2008
Athena Technologies Builds GuideStar Control System
On Monday, Aero-News
learned Athena Technologies, Inc. -- a privately held company that
develops and provides flight control and navigation solutions
primarily to the Unmanned Aerial Vehicle (UAV) market segment --
will be acquired by Rockwell Collins. Terms of the agreement were
not disclosed.
"This new relationship with Rockwell Collins provides an
exciting and enabling platform to leverage Athena’s
successful navigation and controls systems to play a leading role
in the future convergence of manned and unmanned aviation," said
David Vos, Athena Technologies’ founder and CEO. "It is a
tremendous honor to join the Rockwell Collins team and continue to
pioneer future aviation solutions and technology."
"Athena Technologies’ proven track record in creating
leading navigation and control solutions for UAVs, combined with
our existing capabilities, provides Rockwell Collins with exciting,
new growth opportunities," said Rockwell Collins Chairman,
President and CEO Clay Jones. "We look forward to integrating our
combined capabilities to bring new control solutions to both
military and commercial market segments."
The transaction is
expected to be completed in about 30 days and is subject to
regulatory approvals. The acquisition is expected to be neutral to
Rockwell Collins’ fiscal year 2008 earnings.
Athena Technologies is a developer and producer of navigation
and control systems. Founded in 1998, the company produces the
GuideStar family of versatile, compact and cost-effective flight
control systems for applications on commercial aircraft, UAVs,
target drones and missiles. The company is an independent,
privately held firm with headquarters in Northern Virginia.
More News
Aero Linx: Space Medicine Association (SMA) The Space Medicine Association of the Aerospace Medical Association is organized exclusively for charitable, educational, and scientific>[...]
Jamming Denotes emissions that do not mimic Global Navigation Satellite System (GNSS) signals (e.g., GPS and WAAS), but rather interfere with the civil receiver's ability to acquir>[...]
Aero Linx: Warbirds of America The EAA Warbirds of America, a division of the Experimental Aircraft Association in Oshkosh, Wisconsin, is a family of owners, pilots and enthusiasts>[...]
"From New York to Paris, this life-size replica of the Webb Telescope inspired communities around the world and, in doing so, invited friends and families to explore the cosmos tog>[...]
Hold-In-Lieu Of Procedure Turn A hold-in-lieu of procedure turn shall be established over a final or intermediate fix when an approach can be made from a properly aligned holding p>[...]
ANN's Daily Aero-Linx (04.17.24)
See All