Lockheed Martin has acquired Procerus Technologies, a company specialising in autopilot and other avionics for micro unmanned aerial systems. The terms of the agreement were not disclosed, but are not material to Lockheed Martin’s results.

“This acquisition is consistent with our focus on acquiring capabilities that enhance our product portfolio and align with our customers’ strategic priorities,” said Bob Stevens, Lockheed Martin Chairman and CEO. “Small unmanned aerial vehicles are low-cost, highly effective tools for our military, and the expertise Procerus brings will enhance the value we offer to our customers.”

Founded in 2004 and based in Orem, Utah, Procerus is a privately held company that provides autopilot, targeting and payload technologies for micro UAS to domestic and international governments, as well as industry and academic institutions. Among its key technologies is the Kestrel autopilot system, the smallest and lightest full-featured micro autopilot system on the market – ideal for surveillance and reconnaissance applications.