iStar UAV Overview
iSTAR develops, manufactures, and markets unmanned aerial vehicles (UAVs), including fixed-wing and multi-rotor UAVs. The companys autonomous aerial systems provide real-time streaming imagery, SIGINT, and CBRN. Its systems are designed for modularity, scalability, and growth potential, using open architecture with an emphasis on the use of the commercial off-the-shelf elements (COTS) for avionics, energy, control, and propulsion systems. iSTAR is part of the Avnon HLS Group.
Latest News
growth-positive
Avnon Group strengthens position in drone market with $7.75 million acquisition of ALTI
iSTAR, a company specializing in the drone field, has acquired South African manufacturer ALTI for NIS 25 million. ALTI is known for producing vertical take-off and landing drones (VTOL) that are used by military and civilian security forces. The acquisition puts iSTAR in direct competition with other drone companies like BlueBird, Elbit, and Aeronautics. ALTIs products have been sold to 13 countries, including those in the Gulf region. iSTAR has also signed a $6.7 million deal for a border protection project in a Southeast Asian country, which includes ALTIs drones. The CEO of the Avnon Group, iSTARs parent company, stated that there is a growing demand for VTOL drones and ALTI has advanced capabilities in this field.
Acquisition
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Pre-Funding |
| Rounds | 0 |
| Investors | 0 |
Team Members
1
Employees: 1-10
Web & Social Links
| Website | www.istaruav.com |
Locations
Zvi Bergman st 20, Petah Tikva, Israel
Photos & Videos
2 item(s)
