The Unmanned Ground Vehicle (UGV) market is experiencing significant growth. According to a recent market analysis, the global UGV market, valued at USD 2237.2 million in 2022, is projected to reach USD 3352.5 million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 7.0%.
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Bots & BulletsBots & BusinessInternational
AeroVironment acquires German Telerob, combining unmanned aircraft systems and -ground vehicles
AeroVironment, provider of intelligent, multi-domain robotic systems, today announced it was granted clearance from the German government and completed the acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH (Telerob), in a $45.4 million (€37.5 million) cash transaction and the pay-off of approximately $9.4 million (€7.8 million) in Telerob’s debt at closing. Telerob now operates as a wholly-owned subsidiary of AeroVironment.