After an exclusive negotiation process that began in June, Preligens — a leader in artificial intelligence (AI) for aerospace and defence — has joined Safran. The acquisition of Preligens was finalized for an enterprise value of EUR 220 million. The company will be renamed Safran.AI and will become part of Safran Electronics & Defense.

Safran strengthens AI capabilities with EUR 220 million acquisition of Preligens, forming Safran.AI

After an exclusive negotiation process that began in June, Preligens — a leader in artificial intelligence (AI) for aerospace and defence — has joined Safran.