London-based BAE Systems Acquired Malloy Aeronautics

Monday 5, 2024 | By Startup Rise EU

London-based BAE Systems acquired Malloy Aeronautics. a UK-based business that focuses in cutting-edge drone and aeronautical heavy lift technologies.

London-based BAE Systems acquired Malloy Aeronautics. a UK-based business that focuses in cutting-edge drone and aeronautical heavy lift technologies.

The deal's total value was not made public. Through the acquisition, BAE Systems will provide more products. Since2021, Malloy and BAE Systems have collaborated to advance UAS solutions. Going forward, they will expand Malloy's current offering and introduce cutting-edge technology to clients across the globe.

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Malloy Aeronautics provides both military and commercial clients with all-electric unmanned aerial systems (UAS). Its fleet of heavy lift, unmanned quadcopters can carry payloads weighing between 68 and 300 kg on short- to medium-range missions. Its staff of about eighty will still work from its Berkshire location to service its current clientele.

There are 93,100 workers at BAE Systems spread over about 40 nations. It develops, produces, and maintains systems and products in collaboration with clients and regional partners in order to provide military capability, safeguard national security, and maintain the security of vital data and infrastructure.

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The 300 kg T-650 all-electric "heavy lift" UAS is being developed by engineers at BAE Systems and Malloy Aeronautics as a possible new way to provide military, security, and civilian customers with a sustainable fast response capability.

About BAE Systems

At BAE Systems, they support their clients in maintaining a competitive edge in the protection of people, critical infrastructure, national security, and sensitive data. They employ a trained workforce of 85,800 people in more than 40 countries and deliver some of the most cutting-edge, technologically advanced defense, aerospace, and security products available across the globe.

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About Malloy Aeronautics

Malloy Aeronautics are creating the next generation of VTOL aircraft after creating the first Hoverbike in history in 2009. They manufacture heavy lift drones that can automatically and at the touch of a button transport people, equipment, and emergency assistance across mountains, rivers, and buildings.

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