Versaterm acquired Aloft, integrating Aloft’s airspace intelligence and flight safety solutions into the DroneSense by Versaterm platform to enhance public safety agencies' ability to manage drone operations.

Acquirer: Versaterm (US)
Target: Aloft (US)
Type of transaction: acquisition
Deal value: undisclosed
Closing date: 2026-02-18
Buy-side advisor(s): Banneker Partners
Sell-side advisor(s): not disclosed
Legal buy-side: not disclosed
Legal sell-side: not disclosed

Versaterm, a leading provider of airspace management solutions for drones and unmanned aerial vehicles (UAVs), has acquired Aloft to bolster its capabilities in airspace intelligence and flight safety. The integration aims to enhance the public sector’s capacity to manage drone operations safely and efficiently.

Deal Rationale

Versaterm seeks to expand its offerings by incorporating Aloft's proprietary technology into its existing DroneSense platform. This move is expected to improve situational awareness for first responders and law enforcement, particularly in emergency response scenarios where drone usage can be critical.

Financial Context

The financial terms of the deal have not been disclosed by either party. Banneker Partners acted as the sole advisor for Versaterm on this transaction, providing strategic guidance through the acquisition process.

Outlook

Versaterm’s leadership expressed optimism about the potential to revolutionize public safety with integrated drone technology, promising closer collaboration between software developers and end-users to drive innovation in airspace management solutions.