Safran has completed the $243 million purchase of artificial intelligence (AI) French-firm Preligens following a negotiation process that began in June 2024.  

As part of the agreement, Preligens will be renamed Safran.AI and will become part of Safran Electronics & Defense. 

Announcing the multi-million-dollar deal on September 2, 2024, Safran said the new “alliance will enable Safran Electronics & Defense to accelerate the development of AI in its products and services”. 

Leave a Reply

Your email address will not be published. Required fields are marked *