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German Defense Firm Acquires Singapore Drone Startup for $22 Million Deal

Maria LourdesMaria Lourdes1h ago

German Defense Firm Acquires Singapore Drone Startup for $22 Million Deal

German-listed DDB AG has bought Singapore-based Infinium Robotics for about $22 million in a completed transaction.

The deal gives DDB full ownership of Infinium through the issuance of up to 20.5 million new shares valued at $1.07 each.

AI Drones Transform Warehouse Operations

Infinium specializes in autonomous drones that use AI to track inventory in real time across warehouses.

The technology has already cut stocktaking costs by more than 80 percent for clients in logistics and manufacturing.

Deployments in Malaysia cover key sites like Shah Alam and Penang serving major players in electronics and consumer goods.

This acquisition highlights how defense-linked companies are now investing in civilian automation to diversify their portfolios.

Such moves can speed up innovation by combining military-grade precision tech with everyday industrial needs.

Global Supply Chains Gain Efficiency Edge

The partnership positions Infinium to expand faster across Asia-Pacific using DDB's listed platform and resources.

For ordinary shoppers this could mean steadier product availability and potentially lower prices as warehouses run more smoothly.

Industry watchers expect more cross-border robotics deals as companies chase labor savings amid rising e-commerce demands.


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Published On: 2026-06-29 @ 07:09:19 (1 hours ago)

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