- Artificial Intelligence
AE Industrial Partners has acquired UAV Factory, a provider of tactical unmanned aerial vehicle and intelligence, surveillance, reconnaissance technology. With the purchase, UAV Factory will serve as an unmanned technology platform for AEI. Terms of the transaction were not disclosed. "UAV Factory's engineering and technical capabilities, combined with its proven and growing set of technology solutions, are truly differentiated in the market," said Jeffrey Hart, principal at AEI.More
Mano Nazar, former president of NextEra Energy's nuclear business, has been appointed an operating partner of AE Industrial Partners, a private equity firm that focuses on the defense and aerospace markets. He will concurrently serve as board chairman at BHI Energy, a portfolio company of AEI, the investment company said Tuesday.More
Groton, Conn.-based maritime technology firm ThayerMahan has raised $10M in financing from an affiliate of private equity firm AE Industrial Partners. ThayerMahan said Monday it will use the funding from AEI Structured Solutions to expand research-and-development efforts and operations and advance growth initiatives through acquisitions.More
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