Waterloo drone-maker Aeryon Labs bought by U.S. company for $265M

Written by
Kate Bueckert

Jan 29, 2019

Jan 29, 2019 • by Kate Bueckert

Waterloo's Aeryon Labs has been bought by Oregon-based FLIR Systems Inc. for $256 million, or $200 million US.

The acquisition was announced Monday. 

Dave Kroetsch, co-founder and chief technology officer of Aeryon Labs, says not much will change in the foreseeable future.

Read the article here.