Sell Side Advisor

Kroll’s Aerospace Defense and Government Services Investment Banking Team Advised Aerial Armor on Its Sale to Dedrone

Kroll’s Aerospace Defense and Government Services Investment Banking Team Advised Aerial Armor on Its Sale to Dedrone
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2023-01-13T00:00:00.0000000

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Peter Bilden
Peter Bilden
Co-Head of Global ADG M&A Advisory
Mergers and Acquisitions (M&A) Advisory
New York
Phone
Victor Caruso
Victor Caruso
Co-Head of Global ADG M&A Advisory
Mergers and Acquisitions (M&A) Advisory
New York
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Anthony Berkus is a managing director at Duff & Phelps.
Cindy Jia
Director
Aerospace Defense and Government Services (ADG) Investment Banking
Houston
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On December 5, 2022, Aerial Armor, a leading provider of counterdrone systems and systems integrator of drone detection hardware, was acquired by Dedrone, a market leader in smart airspace security.

About Aerial Armor

Aerial Armor is a Phoenix-based provider of drone detection services in the United States for sports stadiums, airports and law enforcement customers. The Company has been at the forefront of the drone defense industry since 2016 as a service provider and systems integrator for cUAS (counter-unmanned aircraft system) solutions. Aerial Armor’s team specializes in the use of cutting-edge technology to detect and manage drone-related threats. Using the latest drone detection systems, Aerial Armor provides customized solutions for security needs, combining leading technology, easy data access, and intuitive interfaces to easily incorporate drone detection into security operations. Crowell & Moring LLP served as legal counsel and Warren Averett provided tax, audit, and accounting services to Aerial Armor in connection with the transaction.

About Dedrone

Dedrone is the market leader in smart airspace security. Hundreds of commercial, government and military sites around the world trust Dedrone’s comprehensive, counterdrone command and control solution to protect against the persistent and escalating threat from drones. By leveraging AI and machine learning, Dedrone is the only solution that provides continuous, autonomous interrogation and verification of drones. Whether on-premise/air-gapped or in the cloud, Dedrone customers can easily detect, track, identify, analyze and mitigate drone threats. Established in 2014, Dedrone is headquartered just outside of Washington, D.C., and has offices in San Francisco and San Diego, California; Columbus, Ohio; London, UK; and Kassel, Germany. WilmerHale (Washington, D.C.) served as legal counsel to Dedrone in connection with the transaction.


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