The transaction is expected to close in the 4th quarter of 2022, at which point RADA will become a wholly-owned subsidiary of Leonardo DRS.

April 24, 2017 |  Arbe Robotics, an Israeli startup building collision avoidance product for drones and Swarm platform based on radar, has raised $2.5 million. The company is based in Tel Aviv and was founded in 2015 by Kobi Marenko.