Monday, 2 September, 2024

Safran Acquires AI Firm Preligens For $220 Million To Boost Intelligence Capabilities

Safran, the French aerospace and defense company, has acquired AI firm Preligens for $220 million. This strategic acquisition aims to enhance Safran's intelligence and surveillance capabilities using Preligens' advanced AI technology. Preligens specializes in analyzing satellite and drone imagery, aiding in defense and security operations. The deal underscores Safran's commitment to integrating AI-driven solutions, boosting its market position in the global defense industry.