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Grupo ETRA takes full control of ETRAir and doubles down on drones and counter-drone systems

TechnologyInternationalInfodefensaAI summary
Image: Infodefensa

Grupo ETRA acquired the 49% stake in ETRAir held by Casiatech and now controls 100% of the company. The deal was formalized on May 28 and its amount was not disclosed. ETRAir aims to speed up development of unmanned aerial systems (UAV) and counter-drone technologies (C-UAS), expand production capacity and boost R&D investment and international expansion, while keeping its management structure and team.

In 30 seconds

  • Grupo ETRA bought the 49% of ETRAir held by Casiatech and now controls 100% of the capital.
  • The deal was formalized on May 28 and the amount was not disclosed.
  • ETRAir plans more R&D investment, larger test facilities and faster international expansion.
Read the full story at Infodefensa

IASummary generated by artificial intelligence from a story by Infodefensa. It may contain errors: the original source prevails.

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