Strat Aero (AIM:AERO) – shares soar on UAV acquisition
Shares in the start-up aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle (‘UAV’) sector, which arrived on AIM in November 2014 have soared on news of their latest acquisition.
The small Group has acquired Geocurve Holdings Limited (‘Geocurve’), a privately owned company, which specialises in the provision of UAV operated topographical surveys and inspection services to a blue chip customer base, including the UK’s Environment Agency, EDF Energy, Carillion, and the RSPB. The Group is aiming to rapidly build a vertically integrated UAV offering, covering all aspects of the value chain including software, hardware and services – sounds exciting stuff, albeit early stage.
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