Beam Global signs LOI to acquire European drone company
Beam Global entered a non-binding LOI to acquire a European drone technology company and plans to onshore manufacture of a conditionally approved drone in the U.S.
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Beam Global entered a non-binding LOI to acquire a European drone technology company and plans to onshore manufacture of a conditionally approved drone in the U.S.
Beam Global intends to acquire the company and, if the acquisition is completed, to manufacture drones in its existing factories in the U.S. and Europe and to sell those drones and software services to its existing and new customers across its global footprint. The agreement, once finalized, is expected to evolve Beam