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The acquisition, expected to close in the second half of 2024, is subject to customary closing conditions. The financial terms of the deal were not disclosed. Legal advisement for the transaction was provided by Sullivan & Cromwell LLP and Morgan, Lewis & Bockius LLP for Axon, and by Tidal Partners and Wilmer Cutler Pickering Hale and Dorr LLP for Dedrone.
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Dedrone, recognized for its innovative command and control (C2) solutions to combat drone threats, has been acknowledged by TIME Magazine’s Best Inventions in 2023 and named a CNBC Disruptor 50 recipient for 2023. Axon, known for integrating hardware devices and cloud software solutions, continues to expand its global customer base across various sectors of public safety and security.
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Axon (Nasdaq: AXON), a leader in global public safety technology, has announced a definitive agreement to acquire Dedrone, a pioneer in airspace security. This merger aligns Axon’s mission to protect life with Dedrone’s expertise in managing drone threats and promoting beneficial drone use in public safety and national security sectors.
Expanding UAV Operations for Public Safety with Beyond Visual Line of Sight and Advanced Community Engagement by DRONELIFE Features Editor…
Innovative Drone System Rapidly Reestablishes Mobile Networks Using Radio on Fiber Technology by DRONELIFE Staff Writer Ian J. McNabb This…
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For more information about Dedrone and its services, please visit their official website at Dedrone. To learn more about Axon’s public safety solutions, visit Axon.
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Leveraging Drones and Spotlight Technology to Bridge Response Gaps in Remote Areas by DRONELIFE Staff Writer Ian J. McNab Authorities…
Groundbreaking BVLOS Testing Showcases Autonomous Drone Delivery in Crowded Urban Airspace by DRONELIFE Staff Writer Ian J. McNabb This article…
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry. Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies. For drone industry consulting or writing, Email Miriam.
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Filed Under: Anti-drone technology, Drone News, Drone News Feeds, Drones in the News, Dual Use, Featured – Safety and Security, Fire and Police, Law Enforcement, News, safety and security Tagged With: Axon Dedrone collaboration, Axon Dedrone merger, Axon public safety, counterdrone technology, Dedrone airspace security, drone security solutions, drone threat mitigation, drones in law enforcement, national security drones, Public Safety Drones
Rick Smith, Axon’s Founder and CEO, emphasized the strategic value of the merger: “By combining Axon’s 30-year legacy of innovation with Dedrone’s cutting-edge airspace security solutions, we aim to revolutionize public safety once again. Together, we will accelerate our efforts in creating a more advanced end-to-end drone solution that enables the good drones to fly and helps ensure the bad ones don’t.” Similarly, Aaditya Devarakonda, CEO of Dedrone, highlighted the mutual benefits of the collaboration: “Dedrone’s growing impact across industries such as federal governments, utilities and critical infrastructure, event venues, airports, correctional facilities and other enterprises, coupled with Axon’s powerful ecosystem of connected devices and software, will put us at the forefront of ensuring not only the safety of our communities but also the security of nations around the world.”
Eco-friendly technology redefines aerial advertising with enhanced visibility and measurable impact. Innovative Drone Advertising Takes Off Sustainable Skylines, a drone…