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The latest drones news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks drones across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Red Cat Holdings announced plans to acquire Austrian engine manufacturer Steyr Motors in a deal valued at about EUR204.8 million or $230 million. The drone maker's shares climbed 6.9% following the news on Monday, Oct 19, as investors reacted to the expansion of its engine portfolio.
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