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Kite Aero Acquires Swoop Aero Assets, Aims to Expand Global Drone Logistics
- Kite Aero acquires key assets from Swoop Aero, including the drone and software platform.
- Kite Aero plans to expand on Swoop's success in drone-based logistics.
- The company aims to open its software stack and avionics systems to third-party integration.
- Kite Aero's acquisition comes at a time when the drone industry is undergoing major consolidation.
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