COMSovereign Holding Corp., a US-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions, has acquired Israel-based Sky Sapience, a developer of fielded tethered aerial rotorcraft platforms for defense, homeland security and commercial markets, for some $12.7 million, the company announced Monday.
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"Sky Sapience's unique fiber optic tether technology will allow us to implement full 4G or 5G airborne networks simultaneously with advanced surveillance payloads in a single solution, a significant competitive differentiator," said COMSovereign CEO Dan Hodges.
"Sky Sapience's tethered hovering technology is an ideal complement to COMSovereign's aerial platform business, extending its capabilities for applications ranging from airborne wireless cellular networks to providing enhanced security on national borders where the HoverMast is already deployed by customers. We look forward to joining COMSovereign and to quickly integrate our technologies so that we can meet the evolving requirements of government, military and commercial end users for rapidly deployable, communications and aerial monitoring solutions," said Sky Sapience founder and CEO Gabriel Shachor.
