SGC Knowledge Transfer

growth-positive

Aerodrome, an Israeli company, has signed acquisition agreements with SGC and NPO, aiming to strengthen its training and maintenance infrastructure. SGC provides technical training for military systems, while NPO develops software for complex civilian and military systems. The acquisition of SGC is valued at 10 million shekels in cash and 5 million shekels in stocks, with an additional payment of up to 10 million shekels depending on sales growth. The acquisition of NPO is dependent on the completion of the SGC deal. Aerodromes stock has increased by 17% following the announcement. The company specializes in operating and training unmanned aerial vehicles (UAVs) and offers maintenance services and flight testing.