AeroVironment completes $45.4M acquisition of Telerob
AeroVironment completed its acquisition of German ground-robotics company Telerob after receiving German government clearance.
Why it matters
The acquisition explains Telerob’s current ownership and why its product branding and sales now sit within AeroVironment.
Evidence notes
- AeroVironment closed its acquisition of Telerob on May 3, 2021 and announced completion on May 4.
- The equity purchase was a $45.4 million (€37.5 million) cash transaction.
- A separate approximately $9.4 million debt payoff is retained as context, not added to the equity purchase value or funding totals.