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Israel Aerospace Industries and Aerotor Unmanned Systems sign MOU

Israel Aerospace Industries (IAI) and Aerotor Unmanned Systems have signed a Memorandum of Understanding (MOU) to collaborate and leverage their product lines in tactical military technologies. The deal includes developing advanced drone systems for tactical military purposes and promoting commercial cooperation. IAI will also promote Aerotor's Apus multicopter, which features a central heavy-fuel propulsion system. The CEO of IAI, Boaz Levy, stated that the collaboration will allow both companies to leverage synergies and promote business growth. The Chairperson and CEO of Aerotor, Raz Geva, also expressed excitement about expanding their customer base through the partnership.

Original article source: https://www.jpost.com/business-and-innovation/article-795054
Source Id: 8060146630

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