Aeronautics Ltd. (Yavne, Israel) develops and manufactures UAVs, observation balloons, bomb fuses, and advanced navigational systems.
The company is controlled by the KCPS, Viola, and Bereshit funds. Aeronautics' CEO is Amos Mathan, and its chairperson is Major General (res.) Eytan Ben Eliyahu.
The company reported that it would supply to a classified customer with UAVs for $13 million, with delivery spread over an 18-month period and payment taking place accordingly.
