Drone operator Strat Aero has acquired a further stake in UK outfit GyroMetric Systems from Braveheart Investment Group, increasing its total shareholding from 36.9% to 57.8%.
Strat Aero said the move reflected the board’s confidence in the prospects for GyroMetric – which has most recently moved into the monitoring and protecting of wind turbines.
It also believes there are potential synergies between GyroMetric and Strat Aero’s operating subsidiary, Geocurve, as both have similar development needs for data monitoring, processing, management, and storage.
Strat Aero director Nigel Burton said: “The acquisition of this controlling interest in GyroMetric marks a further step in our previously announced strategy of investing in world-leading technological services that are relevant to existing operational business within Strat Aero – that is, with the potential through data and analysis to revolutionise monitoring and inspection services in high-value and mission critical environments.”
Completion of the transaction is subject to GyroMetric shareholder approval.
Image: Pixabay
Strat Aero boosts GyroMetric stake
By EBS