Sensor systems company FLIR Systems is to buy defence firm Endeavor Robotic Holdings for $200m, soon after buying drone company Aeryon for $385m. Endeavor specialises in ground robots and began as a spinoff from iRobot. Its products include a small reconnaissance device, inspection robots and a heavy-lifting robot. Analysts said the cost of the deal reflected the rising use of robots in defence and security. Endeavor currently has about 7,000 robots in service.
Sensor systems company FLIR Systems is to buy defence firm Endeavor Robotic Holdings for $385m, soon after buying drone company Aeryon for $200m. Endeavor specialises in ground robots and began as a spinoff from iRobot. Its products include a small reconnaissance device, inspection robots and a heavy-lifting robot. Analysts said the cost of the deal reflected the rising use of robots in defence and security. Endeavor currently has about 7,000 robots in service.