Drone Maker Aeronautics Reports 23.7% Drop in Revenues
The Tel Aviv-listed drone maker has been under a probe since September 2017 in an ongoing investigation into its conduct
Hezi Sternlicht : 2018-11-27T17:15:01..
In the midst of a criminal investigation into its conduct, Israel-based drone maker Aeronautics Ltd. reported Tuesday a stark decline in revenues and an operating loss of millions of dollars for the third quarter of 2018.
For daily updates, subscribe to our newsletter by clicking here.Founded in 1997 and based in Yavne, a town in central Israel, Aeronautics develops military unmanned aerial vehicles (UAV).