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Aeronautics
20 stories about Aeronautics
Aeronautics’ CEO to Step Down Amidst Criminal Investigation
12.01.20
|
Amir Kurz
Amos Matan announced in a letter he will be replaced by Moshe Elazer, currently the naval systems director at Israeli defense contractor Rafael, one of the Aeronautics’ owners
Rafael Completes Aeronautics Acquisition
03.09.19
|
Adi Pick
In a Monday filing to the Tel Aviv Stock Exchange, Aeronautics, which listed in June 2017, announced it will be delisting on Tuesday
Rafael Receives Final Approval for Aeronautics Acquisition
14.08.19
|
Golan Hazani
The Israeli drone maker will now delist from the Tel Aviv Stock Exchange
Israeli Regulator Signs Off on Rafael-Aeronautics Deal
04.08.19
|
Golan Hazani
The acquisition of the Israeli drone maker by defense contractor Rafael and partner Avihai Stolero was approved by Rafael's board in April, but Israel's Government Companies Authority had concerns regarding the ownership split between the partners and the high valuation given to the struggling company
Drone Maker Aeronautics Expands Contract with South American Government by $10 Million
09.07.19
|
Hezi Sternlicht
Aeronautics develops products for military drones across the entire supply chain, listing customers in more than 50 countries, including Israel
Aeronautics-Rafael Deal Jammed by Regulatory Concerns
08.07.19
|
Golan Hazani
The acquisition of Israeli drone maker Aeronautics by defense contractor Rafael and partner Stolero was approved by Rafael's board in April, but concerns have been raised about the high valuation given to Aeronautics and the proposed ownership structure
Acquisition Approval Still Pending, Aeronautics Erases $23 Million Due to Accounting Mistake
29.05.19
|
Hezi Sternlicht
In April, Aeronautics’ board approved its sale to Israeli defense contractor Rafael according to a company valuation of $237 million
Board of Dronemaker Aeronautics Approves Acquisition by Rafael
05.04.19
|
Hezi Sternlicht
The deal, announced in February, reflects a company valuation of NIS 850 million ($237 million) for Aeronautics
Aeronautics to Be Acquired by Defense Contractor Rafael and Businessman Avihai Stolero
20.02.19
|
Golan Hazani
The deal is still subject to approval from Aeronautics’ shareholders, including Israeli businessman Aaron Gover Frenkel, who recently acquired a 30% stake in the company
Aeronautics Wins Contract With Client Linked to Previous Probe
17.02.19
|
Hezi Sternlicht
Earlier this month, the Israeli defense ministry reinstituted effective immediately Aeronautics' export license
Israel’s Bank Leumi Sells Aeronautics Stake to Aaron Frenkel for $11.5 Million
14.02.19
|
Golan Hazani
Aeronautics gained over 60% on the exchange since Frenkel started buying its stock in December
Israeli Businessman Aaron Frenkel Increases Aeronautics Stake
11.02.19
|
Hezi Sternlicht and Adi Pick
The 2.2 million shares set Frenkel back approximately NIS 29.1 million (nearly $8 million)
IAI Backs Off Bid for Israeli Dronemaker
07.02.19
|
Adi Pick
Aeronautics develops military drones and has more than 45 defense, military, and homeland security customers worldwide
Israel Reinstitutes Export License of Probed Drone Maker Aeronautics
04.02.19
|
Lilach Baumer
In 2017, the Ministry of Defense halted Aeronautics' license to export a loiter munition UAV system to an unnamed client
Israel’s Ministry of Defense Set to Pose Sanctions on Aeronautics CEO
27.01.19
|
Golan Hazani
The Israeli drone maker and several of its executives have been under investigation for violations of the Israeli defense export controls law and for insider trading since 2017
IAI Attempts to Void Exclusivity Given to Israeli Rival in Negotiations with Drone Maker
14.01.19
|
Golan Hazani
On Sunday, Aeronautics announced it has agreed to enter into exclusive negotiations with Rafael regarding a potential acquisition by the latter, according to a $231 million valuation
Defense Contractor Rafael Nearly Doubles Bid on Israeli Drone Maker Aeronautics
13.01.19
|
Tofi Stoler
Rafael and businessman Avihai Stolero offered to acquire Aeronautics at a valuation of $231 million, nearly twice as high as their $116.6 million bid rejected by the drone maker in August
Aeronautics Executives Investigated for Alleged Insider Trading
08.01.19
|
Tomer Ganon and Golan Hazani
The company specializes in the development of unmanned aerial Vehicles (UAV) for military use and has over 45 defense, military, and homeland security customers worldwide
Aeronautics, Rafael to Collaborate on UAV
03.01.19
|
Hezi Sternlicht
Aeronautics and many of its top executives have been under investigation by Israeli Police and the country's securities authority since September 2017
Israeli Drone Maker Aeronautics Confirms IAI Interest
02.01.19
|
Lilach Baumer
Aeronautics’ stock has been on a consistent slide since the company listed in June 2017, at least in part due to an investigation launched against the company and many of its senior executives
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