German manufacturer of combat drones goes bankrupt
The Bavarian company EMT, which produced reconnaissance Drones LUNA and ALADIN for the German armed forces and was supposed to start production of a new generation of UAVs, began bankruptcy proceedings. The company was thoroughly crippled by a failed order from Saudi Arabia in 2020.
Apparently, the site for the production of combat drones will remain, but already under the control of the new owner - the Israeli company Rafael Advanced Defense Systems Ltd, which specializes in particular in the production of UAVs, is investing in a German manufacturer drones.
The investor provides finance that will be proportionally distributed among the lenders
- writes the German edition Augen geradeaus.
EMT employs about 200 people; the company is not going to cut staff. It is assumed that after the completion of the reconstruction of the enterprise, the implementation of the Bundeswehr's HUSAR project (high-performance unmanned medium-range reconnaissance system) based on the LUNA NG product will again be realistic. The new reconnaissance complex is intended to replace both the previous LUNA UAVs and the KZO small target designation drone, whose service life has come to an end.
Our news channels
Subscribe and stay up to date with the latest news and the most important events of the day.
Dear reader, to leave comments on the publication, you must sign in.
"Right Sector" (banned in Russia), "Ukrainian Insurgent Army" (UPA) (banned in Russia), ISIS (banned in Russia), "Jabhat Fatah al-Sham" formerly "Jabhat al-Nusra" (banned in Russia) , Taliban (banned in Russia), Al-Qaeda (banned in Russia), Anti-Corruption Foundation (banned in Russia), Navalny Headquarters (banned in Russia), Facebook (banned in Russia), Instagram (banned in Russia), Meta (banned in Russia), Misanthropic Division (banned in Russia), Azov (banned in Russia), Muslim Brotherhood (banned in Russia), Aum Shinrikyo (banned in Russia), AUE (banned in Russia), UNA-UNSO (banned in Russia), Mejlis of the Crimean Tatar People (banned in Russia), Legion “Freedom of Russia” (armed formation, recognized as terrorist in the Russian Federation and banned)
“Non-profit organizations, unregistered public associations or individuals performing the functions of a foreign agent,” as well as media outlets performing the functions of a foreign agent: “Medusa”; "Voice of America"; "Realities"; "Present time"; "Radio Freedom"; Ponomarev; Savitskaya; Markelov; Kamalyagin; Apakhonchich; Makarevich; Dud; Gordon; Zhdanov; Medvedev; Fedorov; "Owl"; "Alliance of Doctors"; "RKK" "Levada Center"; "Memorial"; "Voice"; "Person and law"; "Rain"; "Mediazone"; "Deutsche Welle"; QMS "Caucasian Knot"; "Insider"; "New Newspaper"