Aeronautics completes Chassis Plans acquisition

04 June 2018

Aeronautics has completed the acquisition of rugged electronics provider Chassis Plans, according to Israeli media reports.

The announcement was made via a filing to the Tel Aviv Stock Exchange (TASE) on 3 June, completing the purchase that was first announced in September 2017.

Chassis Plans designs, develops, and manufactures a range of ruggedized computer systems for the military and industrial markets, with systems including servers, storage, LCD monitors, and tablet computers.

It is reported that the Israeli unmanned aerial vehicles manufacturer acquired US-based Chassis Plans for USD2.3 million in cash at the point of completion, and will pay further amounts subject to sales milestones.

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