Asia-Pacific Aerospace Briefs Today
September 3rd 2024
Today's briefs report news from Preligens and Safran. Read More »
Preligens, which specializes in artificial intelligence (AI) for aerospace and defense, has been acquired by Safran. The acquisition was finalized for an enterprise value of €220 million (US$243 million). It will be renamed Safran.AI and will become part of Safran Electronics & Defense.