Grupo Oesía invests in the UAV sector with UAV Navigation

July 7, 2021
The objective is to enhance the solid and distinguished competencies of UAV Navigation, which specializes in autopilots.

MADRID - Grupo Oesía, a Spanish company specializing in technology development and applied engineering, has carried out a strategic investment operation in the unmanned systems sector, strengthening the position of another Spanish company, UAV Navigation.

This operation represents an investment of about € 7.5M in 4 years with the aim of guaranteeing both the development of a key competence for the future, using Spanish capital, and the participation of UAV Navigation. UAV Navigation is a technology company with a highly qualified team and proven competence in the field of unmanned systems.

This movement and strategic collaboration will be followed by a strategic plan that allows UAV Navigation-Grupo Oesía to achieve an annual turnover of more than € 5M in the Autopilot market, within both the civil and military environments.

Luis Furnells, CEO of Grupo Oesía, states, "We are convinced that this collaboration reinforces the company's potential to provide first-class solutions."

The President of the company sums up his vision: “To be a great technology company with 100% Spanish and private capital, working for the best and participating in great innovation projects demands great responsibility. Our goal is to consolidate ourselves as a dynamic player and driver of innovation in the Spanish aeronautical industry.”

Voice your opinion!

To join the conversation, and become an exclusive member of Military Aerospace, create an account today!