Aerodyne Group’s investment in the Middle East’s largest drone solutions company is the first of its kind in the region. Proud to be home to the United Arab Emirates, FEDS was founded in 2014 and in a short period of time has been named as one of the world’s top drone service providers He is the only one in the Middle East became a company of
FEDS has conducted thousands of commercial operations for some of the largest companies in the Middle East, while Aerodyne itself is already a global leader inspecting and managing over 300,000 infrastructure assets in 25 countries. Both companies are ranked among the top 20 drone service providers by Drone Industry Insights, the leading source of independent drone market information.
Aerodyne’s investment in FEDS, one of the world’s leading drone service providers, is part of the group’s aggressive two-year global plan, which could see seven M&A deals complete within the timeframe. In December 2019 Aerodyne announced a similar strategic partnership with Measure UAS in the USA. Talks between Aerodyne and FEDS began in late 2019.
This strategic investment will allow FEDS to further strengthen its position in the Middle East with Aerodyne’s DT^3 (Drone Technology, Data Technology and Digital Transformation) technology.
Meanwhile, the investment will allow Aerodyne Group to leverage FEDS’ strong growth trajectory and financial performance to further enhance shareholder value. FEDS also contributes significantly to Aerodyne’s global vision for geospatial and GRID management solutions.
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