Unmanned Technology Company Aurora Flight Sciences Inks Investment

Posted by Betsy Lillian on March 15, 2016 No Comments
Categories : Business Operations

Enlightenment Capital, a private investment firm based in the Washington, D.C., area, has made a strategic investment in Aurora Flight Sciences, a Manassas, Va.-based provider of unmanned aircraft systems (UAS) and autonomous flight technologies for commercial and military markets.

According to Aurora, the investment will support the company’s strategy for expanding its development and manufacturing scale as demand continues to increase. Last June, in collaboration with the New York UAS test site, Aurora conducted unmanned flights of its Centaur optionally piloted aircraft.

Financial terms of the transaction were not disclosed. G2 Securities served as exclusive financial advisor to Aurora.

“Over the twenty-five years since Aurora was founded, we’ve demonstrated a commitment to innovation in unmanned aircraft systems, advanced aeronautic design and, more recently, robotic systems that are defining the future of autonomous flight,” says John S. Langford, chairman, CEO and founder of Aurora. “This investment by Enlightenment Capital supports our efforts to grow in line with our customers’ requirements.”

Last year, Langford was appointed chair of the Virginia Unmanned Systems Commission.

Register here to receive our Latest Headlines email newsletter

Leave a Comment

Featured Videos