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Groupe Gorgé, via their subsidiary ECA S.A., has acquired French UAV copter provider Infotron for €2.5 million and 375,000 shares of ECA – a combined value of around $10 million. The acquisition supplements ECA’s line of unmanned underwater and aerial devices and systems with a proven line of mini helicopter-type vertical takeoff drones.
In a serious critique of French business practices, the International New York Times wrote about a brain drain from France – a migration of aspiring entrepreneurs feeling that they have to leave France to have a chance to get their ideas off the ground and into the marketplace. The Telegraph, from which this cartoon came, had a similar article: Down and out: the French flee a nation in despair.
On December 1st, the nEUROn, Europe’s unmanned combat air vehicle (UCAV) stealth technology demonstrator, successfully completed its maiden flight from the Dassault Aviation company’s flight test base in Istres, in collaboration with the flight test personnel of the French defense procurement agency (DGA). The a €405 million nEUROn was launched in 2005 with Dassault Aviation as prime contractor. The program was designed to pool the skills and know-how of Alenia Aermacchi (Italy), Saab (Sweden), EADS-CASA (Spain), HAI (Greece), RUAG (Switzerland) and Thales (France). It defines a future for the aeronautic excellence of Europe.