Acquisition Strategy & Criteria

Target Evaluation Criteria

REASONABLE ENTRY VALUATION

We plan to target businesses with total enterprise values ranging from $200 million to $2 billion in the drone technology or other technology industry, specifically middle market “enabling technology” companies.

Chinese independent companies

BUSINESS WITH GLOBAL SCABILITY

Companies that can scale up globally. These businesses can win not only in the U.S market but can outperform products from any country in any market outside of the U.S.

BENEFITS FROM VALUE CREATION & MARKETING OPPORTUNITIES

Businesses that can offer attractive risk-adjusted equity returns for our shareholders from the business combination.

STRONG CASH FLOW

Businesses with potential for strong free cash flow generation and have predictable revenue streams and definable low working capital and capital expenditure requirements.

MERGERS AND ACQUISITIONS

Identify and close on acquisition targets which will help the companies consolidate their market position and/or expand their product portfolio.

STRONG INTELLECTUAL PROPERTY

Businesses that have disruptive drone invention or technologies. The products from these businesses must be head and shoulders above the current competition.

Established Network of Industry Partners