Grupo Oesía Invests in the Unmanned Aerial Vehicle Sector with UAV Navigation
The Spanish company consolidates its position in the aerospace technology sector with an investment of 7.5 million in 4 years.
The objective is to enhance the solid and distinguished competencies of UAV Navigation, which specializes in autopilots.
Madrid, 07/06/2020.- Madrid, 07/06/2020.- Grupo Oesía, a 100% Spanish company specializing in technology development and applied engineering, has carried out a strategic investment operation in the unmanned systems sector, strengthening the position of another Spanish company, UAV Navigation.
This operation represents an investment of about € 7.5M in 4 years with the aim of guaranteeing both the development of a key competence for the future, using Spanish capital, and the participation of UAV Navigation. UAV Navigation is a technology company with a highly qualified team and proven competence in the field of unmanned systems.
This movement and strategic collaboration will be followed by a strategic plan that allows UAV Navigation-Grupo Oesía to achieve an annual turnover of more than € 5M in the Autopilot market, within both the civil and military environments.
Luis Furnells, CEO of Grupo Oesía, states, "We are convinced that this collaboration reinforces the company's potential to provide first-class solutions."
The President of the company sums up his vision: “To be a great technology company with 100% Spanish and private capital, working for the best and participating in great innovation projects demands great responsibility. Our goal is to consolidate ourselves as a dynamic player and driver of innovation in the Spanish aeronautical industry”.
Presence at UNVEX
A first display of the joint capabilities of both engineering companies can be seen at UNVEX, a professional level event for the Unmanned Aviation Vehicle (UAV) sector in Spain. In addition to flight control systems, UAV Navigation and Grupo Oesía will exhibit the TGOR-Nano, a broadband IP software-defined radio, which has been designed and produced by Tecnobit - Grupo Oesía. TGOR-Nano has SWaP capabilities [reduced Size, Weight (70 grams) and Consumption] that enables installation in drones, RPAS, UAVs and small UGVs, as well as in swarms of collaborative UAVs / UGVs.