Company Overview
Snapshot
Founded in June 2016, iStar UAV operates with 1–10 employees, specializing in unmanned aerial systems. The company is part of the Avnon HLS Group, which notably strengthened its position in the drone market through an acquisition in August 2021.
Business overview
iStar UAV develops, manufactures, and markets unmanned aerial vehicles (UAVs), including both fixed-wing and multi-rotor systems. The company's autonomous aerial platforms provide real-time streaming imagery, SIGINT, and CBRN capabilities. Its systems are designed with modularity, scalability, and growth potential, utilizing an open architecture that emphasizes the integration of commercial off-the-shelf (COTS) components for avionics, energy, control, and propulsion. iStar UAV serves the aerospace, defense, and homeland security sectors, with a focus on military, national security, and general security applications.
Strategic signal
In August 2021, Avnon Group, the parent company of iStar UAV, acquired ALTI for $7.75 million, signaling a strategic move to strengthen its presence and capabilities within the drone market. This acquisition indicates Avnon Group's commitment to expanding its portfolio in unmanned aerial systems, which could provide iStar UAV with enhanced resources, market reach, and technological synergies, positioning the company for further growth in the defense and security sectors.
Log in to access full profile ›Company Intelligence Q&A
- What is iStar UAV's primary focus?
- iStar UAV focuses on developing, manufacturing, and marketing unmanned aerial vehicles (UAVs), including fixed-wing and multi-rotor systems, for real-time streaming imagery, SIGINT, and CBRN applications.
- When was iStar UAV founded?
- iStar UAV was founded in June 2016.
- Which markets does iStar UAV serve?
- iStar UAV serves B2B and B2G markets, with a presence in geomarkets such as Israel and South Africa.
- What significant corporate activity involved iStar UAV's parent group?
- In August 2021, the Avnon Group, which includes iStar UAV, acquired ALTI, strengthening its position in the drone market.
- What are some of iStar UAV's key products?
- iStar UAV's product line includes iSTAR GHOST, iSTAR NIGHT OWL, iSTAR WASP, and iSTAR WHISPER.