Hogan Lovells advises American Robotics in acquisition by Ondas Holdings
Northern Virginia and Washington D.C., 6 August 2021 – Global law firm Hogan Lovells has advised American Robotics, Inc., a leading developer of highly-automated commercial drone technology, in its strategic acquisition by proprietary, software-based wireless broadband technology developer Ondas Holdings, Inc. The deal was initially announced in May and closed 5 August.
American Robotics brings numerous benefits in this deal. It offers best-in-class IP, its unique Scout ™ UAS that uses AI and enables unprecedented access to actionable aerial intelligence, and its historic Federal Aviation Administration approvals, which include the first ever approval to operate drones beyond-visual-line-of-sight (“BVLOS”) with no humans on-site.
American Robotics is a long time client of Hogan Lovells and the Unmanned Aircraft Systems (UAS) practice led by Lisa Ellman.
The Hogan Lovells team advising the acquisition was led by M&A partners Randy Segal, Gabrielle Witt and counsel Ashlee Sawyer Gilson, with key support from partners Lisa Ellman, Carin Carithers, and Kevin Greenslade, senior associate David Russo, associate Hamza Rashid, as well as partner Patrick Rizzi and senior associate Matthew Clark. Partner George Ingham, senior counsel Daniel Davidson, and senior associate Tony Brown also assisted on the deal.