Spain's Grupo ETRA now owns all of ETRAir after buying the 49% stake held by Casiatech, the companies announced. The deal was formalised on 28 May and only now made public, and the price was not disclosed.

ETRAir will keep its management, staff and operations, and plans to spend more on research and development, expand its test facilities and production, and sell more abroad. Its products include the Akila family of drones, from compact models to fixed-wing aircraft that take off vertically, the robotic Nido station that stores and recharges drones, the Detector 360 radio detection system, the e-Kondor jammer and the portable Kondor counter-drone system.

ETRAir already has contracts with the Spanish Air and Space Force and has been chosen to supply drone detection and jamming systems to the security service of the Spanish Royal Household.

Source: Infodefensa

Also reported by Infodron

Background

Grupo ETRA

Industrial group

Spanish industrial group that now owns all of ETRAir.

ETRAir

Drone maker

Spanish company that makes Akila drones and counter-drone systems such as Kondor.