AIM up: Melbourne defence startup acquires drone company

High-power laser developer AIM Defence has acquired Brisbane high altitude drone startup NearSat. Known for its high precision anti drone lasers, AIM Defence plans to integrate the technologies to develop distributed laser communications and directed energy capabilities.

The deal keeps the Telstra-backed NearSat and its fleet of solar-powered high altitude ‘pseudo satellites’ that provide earth observation and connectivity in Australian control and the domestic supply chain.

‍

‍

Read more at InnovationAus