About PAL Aerospace
PAL Aerospace is a company based in St. John's (Canada) founded in 1972 was acquired by Exchange Income Corporation in November 2014.. The company has 377 employees as of December 31, 2024. PAL Aerospace has completed 2 acquisitions, including Airtask and CarteNav.
- Headquarter St. John's, Canada
- Employees 377 as on 31 Dec, 2024
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Email
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Phone
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Website
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Social
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- Legal Name Pal Aerospace Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
377
as on Dec 31, 2024
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Investments & Acquisitions
Airtask
& 1 more
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Acquired by
Exchange Income Corporation
(Nov 12, 2014)
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Funding Insights of PAL Aerospace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PAL Aerospace
PAL Aerospace has secured backing from 1 investor. Prominent investors backing the company include Exchange Income Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified acquisition-oriented dividend company in aerospace and manufacturing
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PAL Aerospace
PAL Aerospace has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Airtask and CarteNav. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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2016 | ||||
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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ISR mission software is developed for diverse operational needs.
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Integrated aviation solutions are delivered to government and commercial clients.
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0 |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - PAL Aerospace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pal Aerospace Comparisons
Competitors of PAL Aerospace
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PAL Aerospace
When was PAL Aerospace founded?
PAL Aerospace was founded in 1972.
Where is PAL Aerospace located?
PAL Aerospace is headquartered in St. John's, Canada. It is registered at St. John's, Newfoundland And Labrador, Canada.
Who is the current CEO of PAL Aerospace?
Jake Trainor is the current CEO of PAL Aerospace.
How many employees does PAL Aerospace have?
As of Dec 31, 2024, the latest employee count at PAL Aerospace is 377.
What does PAL Aerospace do?
Founded in 1972, PAL Aerospace is headquartered in St. Johns, Canada. Operations are conducted within the aerospace and defence sector, where intelligence, surveillance, and reconnaissance solutions are developed and delivered. These capabilities support monitoring and data collection needs across various applications. The company is led by CEO Jake Trainor, with activities centered on technological advancements in this field.
How many acquisitions has PAL Aerospace made?
Who are PAL Aerospace's investors?
PAL Aerospace has 1 investor. Key investors include Exchange Income Corporation.