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
Also: Vertical Flight Society, NBAA Maintenance Conference, GA Honored, AMT Scholarship For the first time, students from Embry-Riddle’s Daytona Beach, Florida, campus took t>[...]
Hazardous Weather Information Summary of significant meteorological information (SIGMET/WS), convective significant meteorological information (convective SIGMET/WST), urgent pilot>[...]
"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]
(FAA) Inspector Observed That Both Fuel Tanks Were Intact And That Only A Minimal Amount Of Fuel Remained In Each Analysis: According to the pilot, approximately 8 miles from the d>[...]
“Pyka’s Pelican Cargo is unlike any other UAS solution on the market for contested logistics. We assessed a number of leading capabilities and concluded that the Pelica>[...]
Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P
See All