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SaverOne Enters the Military UAV Market: Signs Term Sheet to Acquire 33.3% of Gryphen Aircraft Industries, with an Option to Increase to 53% at a €30 Million Valuation

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  • SaverOne 2014 Ltd. entered a non-binding term sheet for a strategic investment in Gryphen Aircraft Industries Srl, an Italian aviation and defense technology company.
  • The proposed transaction involves an initial €5.0 million investment by SaverOne for a 33.3% stake in Gryphen, subject to due diligence and closing conditions.
  • SaverOne has the right to increase its total investment to €8.33 million and acquire a 53% ownership stake based on a €30 million valuation, exercisable within 24 months of closing.
  • Gryphen is developing NATO Class-3 & US Group-5 Medium/High Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) based on existing civilian aircraft platforms.
  • Gryphen leverages over 30 years of aviation heritage, a 4,000 sqm production facility, and a portfolio of over 1,000 manufactured aircraft to create cost-effective military platforms.
  • The company's G750 family includes Remotely Piloted Aircraft Systems (RPAS), Optionally Piloted Aircraft (OPA) for Manned-Unmanned Teaming, and Special Mission Platforms.
  • SaverOne views this investment as a strategic expansion into the defense and security markets, building on its previous transaction with VisionWave Holdings.
  • Gryphen aims to accelerate development, system integration, testing, and commercialization efforts targeting a global UAV market projected to reach approximately $40.6 billion by 2030.
  • The term sheet is non-binding and remains subject to the execution of definitive agreements, regulatory approvals, and other customary conditions.