UPDATE June 24: Safran and Preligens enter exclusive discussions in view to a Safran purchase of 100% of Preligens for an enterprise value of 220 million euros ($235 million). Preligens reported sales of 28 million euros in 2023 and has 220 employees. Closing will follow regulatory approvals and is expected by September, Safran said.
JAKARTA — French Economy Minister Bruno Le Maire confirmed that the French government has barred Preligens, which specializes in using AI to analyze satellite imagery, notably for the French military, from being sold to a foreign . . .
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