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Aerodrome Group Expands with Central American Acquisition

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Aerodrome Group Expands with Central American Acquisition

The latest update is out from Aerodrome Group ( (IL:ARDM) ).

Aerodrome Group has completed the acquisition of a Central American land survey company to expand its UAV-based surveying and mapping services. This strategic move is expected to increase the company’s revenue from surveying services by 40%-45% and enhance its competitive position, leveraging the acquired company’s existing customer base and market presence.

More about Aerodrome Group

Aerodrome Group operates in the UAV-based surveying and mapping services industry, focusing on expanding its market presence by acquiring companies with strong capabilities in surveying. The company aims to enhance its competitive position and maintain leadership in high-quality surveying services.

YTD Price Performance: 13.68%

Average Trading Volume: 1,756,737

Current Market Cap: ILS72.46M

Learn more about ARDM stock on TipRanks’ Stock Analysis page.

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