The Pulse 07/06/19 – a week of M&A in the UAV inspection sector

June 12th, 2019


Round up:

It’s been a busy week of M&A, technology announcements and analyses for the UAV inspection and asset integrity sectors.

 

This week in UAV Inspection:

In a significant acquisition in North America, Aethon Aerial Solutions Inc. (Aethon) announced an agreement under which Aethon has acquired the assets, Intellectual Property and assumed various contracts previously held by RME Geomatics. Alastair Jenkins – President & CEO for Aethon stated: “The pace of technology change in the fields of LiDAR sensor development, automated cloud based processing and autonomous airborne vehicles (UAV’s) is rapidly exceeding the ability of all but the largest companies to compete effectively.” Read the full release here.

Japanese contractor to deploy drones for doncrete infrastructure inspection and repair. Aizawa Concrete Corporation and Top Flight hope to cultivate new business opportunities around commercial UAVs configured specifically for concrete-based inspections and repairs. Read the full release here.

In a review posted on a blog titled increased usage in defence sector to augment growth in drones market for energy industry,  the author argues that advancement in battery innovation and sensors has immeasurably changed the working of drones. Read the thought piece here.

The Gremsy T3 for Industrial Applications: Power Line Inspection Takes Flight in the U.S.

Drone Data Services Market is expected to rise from its initial estimated value of USD 4706.72 million in 2018 to an estimated value of USD 148741.7 million by 2026, registering a CAGR of 53.98% in the forecast period of 2019-2026.

 

This week in Asset Integrity:

Zion releases a report titled ‘Asset Integrity Management Market Research – All You Need To Know About The Industry And Its Future’. The global Asset Integrity Management Market report serves with all-inclusive, highly-effective, and thoroughly analysed information about the Asset Integrity Management Market. Access a sample of the research here.

Ontario, Canada-based Symboticware will be expanding its real-time data management platform into Australia. The teaming will combine Symboticware’s data delivery platform with Calsta’s offerings to enhance asset management. Read the full release here.

 

 


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