Wednesday, August 10, 2022

Lincolnshire drone business acquired by US firm

Lincolnshire-based Tetra Drones has been acquired by Plymouth Rock Technologies, a developer of threat detection and unmanned technologies.

Founded in 2017, Tetra Drones is a developer of custom-made, high-performance and niche Unmanned Aircraft Systems (UAS).

USA-based Plymouth Rock acquired 100 ordinary shares of Tetra from the sole shareholder, Ben Pickard. Pickard will continue to work for PRT following completion of the acquisition.

Dana Wheeler, President and CEO of Plymouth Rock, said: “The acquisition of Tetra provides us with a U.K. based production and sales team with a record of success.

“We welcome the Tetra team to Plymouth Rock, as we move forward to a sales phase within the USA and EU.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.