by DRONELIFE Employees Author Ian M. Crosby
Trade chief AgEagle Aerial Methods Inc. and main European drone group Parrot revealed in a joint announcement that they’ve signed an settlement beneath which AgEagle will purchase Parrot subsidiary senseFly in a money and inventory transaction valued at US$23 million.
senseFly, based in 2009, develops and produces a line of eBee-branded excessive efficiency fastened wing drones for skilled use. These drones are utilized by hundreds of shoppers worldwide in fields equivalent to agriculture, authorities, engineering and building to gather actionable aerial knowledge intelligence. The Switzerland primarily based firm employs roughly 90 folks, producing whole annual revenues of roughly US$12.5 million in 2020.
“Acknowledged because the producer of the world’s most generally used fastened wing drones, senseFly is a perfect strategic match for AgEagle; and is anticipated to speed up our core progress technique centered on delivering proprietary, full stack drone options to the worldwide agriculture, building, power, authorities sectors, and sooner or later, bundle supply,” stated AgEagle CEO Brandon Torres Declet. “As well as, senseFly brings AgEagle strong engineering expertise centered on superior analysis and growth, a well-established international reseller community and a powerful portfolio of mental property.”
“We belief that senseFly and the eBee line of fastened wing drones will proceed to ship tangible worth, advantages and efficiencies to AgEagle’s prospects and enterprise companions effectively into the long run,” commented Parrot founder and CEO Henri Seydoux. “Shifting ahead, Parrot will focus its experience and assets on the expansion of its skilled quadcopter drone tools and drone knowledge evaluation software program actions. The transaction will present extra money and decrease operational bills to drive Parrot’s progress and {industry} standing. With the expanded capabilities of the ANAFI line {of professional} drones and of the Pix4D software program suites, Parrot will proceed to deal with its core market segments: 3D Mapping, Surveying and Inspection, Agriculture, and Protection and Safety.”
“senseFly has reached a really thrilling and pivotal level in its historical past and is effectively positioned to construct upon its main place within the fastened wing drone market and speed up its promising progress trajectory by means of this strategic mixture with AgEagle,” famous Gilles Labossiere, senseFly’s CEO. “The spectacular mixture of options for purchasers and confirmed {industry} expertise of each corporations is anticipated to make for a strong basis able to propelling the businesses ahead and fueling exponential progress.”
The acquisition will see Labossiere resign as CEO of senseFly, with Michael O’Sullivan, previously the Firm’s Head of International Advertising and marketing, appointed as Managing Director. All different senseFly workers will retain their present positions.
“We’re more than happy to welcome senseFly to the fast-growing AgEagle household and sit up for integrating its many strengths with the facility and efficiency of AgEagle’s proprietary sensor and software program options to successfully meet the wants of shoppers globally,” Torres Declet added. “We might additionally like to increase our deepest due to Gilles for his management at senseFly and the instrumental position he performed within the acquisition course of. That is an thrilling inflection level for the AgEagle and senseFly groups.”
That is simply the most recent in a sequence of latest acquisitions by AgEagle, who acquired Measure again in April and MicaSense in January.
AgEagle is already making good use of these acquisitions, not too long ago asserting the launch of MicaSense’s RedEdge-P drone sensor.
With 3 times the seize velocity and twice the spatial decision of the RedEdge-MX™, the RedEdge-P improves on the industry-trusted multispectral sensor, including the next decision, panchromatic band to double the output knowledge decision. Suitable with a variety of drone plane, the only digital camera resolution captures calibrated high-resolution multispectral and RGB imagery with an optimized discipline of view and seize charge for environment friendly flights. The RedEdge-P allows pixel-aligned outputs at beforehand unattainable resolutions. Information output processing shall be out there by means of platforms equivalent to AgEagle’s Measure Floor Management.
“We’re very proud to be introducing what we imagine is the business drone {industry}’s finest resolution for capturing high-res RGB and multispectral knowledge from a single digital camera,” stated Justin McAllister, MicaSense’s Vice President of Analysis and Improvement. “The RedEdge-P has been purpose-built to allow complete, season-long plant cover evaluation over bigger acreage and at a spatial decision that’s thought-about among the many highest out there within the {industry}.”
“By leveraging and amplifying the first-class engineering expertise and growth experience of our crew, AgEagle is dedicated to pioneering improvements in drone {hardware}, software program and sensors that empower enterprises and authorities businesses to do extra, see additional, go farther. We’re very excited to deliver one more {industry} main drone resolution to market which we count on can have important, optimistic impression on how our prospects remedy challenges and profit from measurable enchancment in efficiencies of their discipline operations,” added Torres Declet.
Ian attended Dominican College of California, the place he obtained a BA in English in 2019. With a lifelong ardour for writing and storytelling and a eager curiosity in expertise, he’s now contributing to DroneLife as a workers author.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, an expert drone providers market, and a fascinated observer of the rising drone {industry} and the regulatory surroundings for drones. Miriam has penned over 3,000 articles centered on the business drone area and is a world speaker and acknowledged determine within the {industry}. Miriam has a level from the College of Chicago and over 20 years of expertise in excessive tech gross sales and advertising for brand spanking new applied sciences.
For drone {industry} consulting or writing, Electronic mail Miriam.
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