Monday, December 14th, 2015

Aero Kinetics Acquired by International Unmanned Aircraft System Company Strat Aero in Critical Industry Deal

Fort Worth, TX, December 14, 2015 — Aero Kinetics, the first company to file for FAA Type Certification for multi-rotor unmanned aircraft, announces a deal with Strat Aero US Holdings, Inc., a U.S. subsidiary of Strat Aero PLC (LSE: AERO). The acquisition of Aero Kinetics is valued at $24US million with incentives. The deal will