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Comply365, LLC has acquired Beams Technology GmbH, a provider of AI solutions for safety risk management in aviation. The acquisition supports Comply365’s development of an AI platform across operations, safety, and training management for its aviation, rail, defense, and space customers.
Ilia Kostov, CEO of Comply365, said: “As an AI-first company, we are embedding AI at the core of our unified platform, enabling significantly smarter and safer operations alongside faster innovation. The acquisition of Beams will further strengthen Comply365’s AI capabilities and accelerate our AI strategy of delivering AI solutions across safety, training and compliance that will unlock significant efficiencies for our customers.”
Alan Sternberg, CEO of Beams, added: “Joining the Comply365 family opens exciting opportunities for Beams to expand into new areas such as compliance and training management, allowing us to deliver even greater value to the combined company’s customer base.”
Comply365 said the acquisition will enhance product capabilities, expand its customer base, and integrate Beams’ Safety AI solutions into its platform. Legal counsel was provided by Willkie Farr & Gallagher LLP for Comply365 and GSK Stockmann for Beams.