Umbragroup acquires a controlling majority stake in General Defence
Umbragroup acquires a controlling majority stake in General Defence.
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1 agency rewrite / co-publication detected
Summary
Umbragroup acquires a controlling majority stake in General Defence. "By combining our capabilities in innovation and the experience we have gained in unmanned systems with Umbragroup's industrial strength, international presence and strategic vision, we will be able to accelerate the industrialisation of our technologies, strengthen our presence on global markets and offer increasingly advanced solutions to partners and customers in the defence and security sectors, as well as to public institutions." ANSA . "The acquisition of General Defence is a further step forward in Umbragroup's long-term strategic plan," said CEO Matteo Notarangelo.
Furthermore, "Joining Umbragroup is marks a new, important chapter in General Defence's development," Colandrea said. General Defence will retain its brand identity after the transaction is completed and it will continue to operate from its Rome headquarters, where a new industrial facility is currently under development to support the company's next phase of expansion Francesco Colandrea will continue to serve as chief executive officer. "By combining our capabilities in precision and mission-critical technologies with General Defence's expertise in unmanned systems and integrated solutions, we will be able to accelerate the industrialisation of physical artificial intelligence, expand our know-how in a highly specialised sector, and act as an incubator for new technologies, developing advanced platforms and capabilities to serve the global defence and dual-use markets".
In addition, The operation is a "significant strategic milestone in Umbragroup's growth trajectory, accelerating the Group's entry into the rapidly evolving market for autonomous aerial systems and strengthening its position in high value-added dual-use technologies for defence, security and selected civilian applications," a company statement said.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
Umbragroup acquires a controlling majority stake in General Defence.
reliability low1/2 sources"By combining our capabilities in innovation and the experience we have gained in unmanned systems with Umbragroup's industrial strength, international presence and strategic vision, we will be able to accelerate the industrialisation of our technologies, strengthen our presence on global markets and offer increasingly advanced solutions to partners and customers in the defence and security sectors, as well as to public institutions." ANSA .
reliability low1/2 sources"The acquisition of General Defence is a further step forward in Umbragroup's long-term strategic plan," said CEO Matteo Notarangelo.
reliability low1/2 sources"Joining Umbragroup is marks a new, important chapter in General Defence's development," Colandrea said.
reliability low1/2 sourcesGeneral Defence will retain its brand identity after the transaction is completed and it will continue to operate from its Rome headquarters, where a new industrial facility is currently under development to support the company's next phase of expansion Francesco Colandrea will continue to serve as chief executive officer.
reliability low1/2 sources"By combining our capabilities in precision and mission-critical technologies with General Defence's expertise in unmanned systems and integrated solutions, we will be able to accelerate the industrialisation of physical artificial intelligence, expand our know-how in a highly specialised sector, and act as an incubator for new technologies, developing advanced platforms and capabilities to serve the global defence and dual-use markets".
reliability low1/2 sourcesThe operation is a "significant strategic milestone in Umbragroup's growth trajectory, accelerating the Group's entry into the rapidly evolving market for autonomous aerial systems and strengthening its position in high value-added dual-use technologies for defence, security and selected civilian applications," a company statement said.
reliability low1/2 sources
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