BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Safran has entered into exclusive
discussions to acquire 100% of Preligens for an enterprise value of 220 million
euros. Preligens provides AI analytics solutions for high-end imagery, full
motion video and acoustic signals. Preligens develops complex algorithms and
software to analyze and automatically detect and identify objects of military
interest notably using commercial and government satellite images.

Based in France, Preligens employs approximately 220 employees. The company had
sales of 28 million euros in 2023.

Olivier Andries, CEO said: 'The proposed acquisition of Preligens will boost the
adoption of AI within the Group, thus optimizing our agility and efficiency.'



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