Armac Systems, an Ireland-based aerospace inventory planning and optimisation software developer, has secured an undisclosed amount from SR Technics, a provider of technical services for civil aviation, according to TTN.
SR Technics is a wholly-owned subsidiary of Mubadala Development Company, the investment vehicle of the Abu Dhabi government.
SR Technics and Armac will strengthen their partnership as a result of the investment. The two companies had already been collaborating for several years, allowing SR Technics to offer Armac’s solutions to…
