Datron World Communications, Inc. a leader in the tactical and public safety communications industry, announced a significant equity investment in Aeryon Labs, a Canadian-based technology innovator of robotics for aerial intelligence, surveillance and reconnaissance.
Under terms of the agreement, Datron will become an equity partner in Aeryon Labs while maintaining its private label status and exclusive rights to distribute the Scout through the U.S. Government’s Foreign Military Sales (FMS) programme. FMS funding allows foreign militaries access to U.S. Government-sponsored assistance to purchase advanced communications technologies. The investment will also facilitate worldwide expansion and advance development of the Scout for tactical, government, public safety and commercial markets. Details of the arrangement were not announced.
“Datron’s passion is to sell cost effective communications products that are extremely easy to use and allow operators to focus on the mission and not the technology, which could ultimately save lives,” states Art Barter, President and CEO of Datron. “Our previous private label agreement with Aeryon Labs solidified the Scout as a natural addition to our company’s product offerings. The Datron investment in Aeryon will further extend the effectiveness of our worldwide distribution network and exclusive U.S. Foreign Military Sales relationships in making Scout the preferred, small form factor Vertical Take Off and Landing solution.”
Recently, Datron and Aeryon successfully completed exhaustive evaluations as part of the URBEX Trials (UK), Spartan Bear (Canada) and Empire Challenge (U.S.). The Scout has also been deployed by the Libyan National Council in their efforts to overthrow the Gadhafi regime.
“Our relationship with Datron has been invaluable to the evolution of Scout, using information from the field and requirements of real users to drive new innovations,” says Dave Kroetsch, President of Aeryon Labs. “Datron’s equity investment will help us put the Scout in the hands of more users worldwide and continue to advance product development for military and commercial applications.”
Datron and Aeryon Labs will continue collaboration on the design and performance of the Scout as users adopt the product and provide valuable input on enhancements required by the soldier, first responder and commercial user in the field.
Source: Press Release