Aerodyne Group has continued its ‘aggressive two-year global plan’ by making a major investment in the UAE’s Falcon Eye Drone Services (FEDS) Group Holdings.
Founded in 2014, FEDS is already a major industry player in its own right, the Middle East’s largest drone solutions company, and will contribute to Aerodyne’s geospatial and GRID management solutions.
Aerodyne, meanwhile, has more than 300,000 infrastructure assets inspected and managed across 25 countries.
Late last year it completed a similar deal with American company Measure UAS, and Aerodyne hopes more such investments are on the horizon.
FEDS founder and CEO Rabih Bou Rashid has also been given a place on Aerodyne’s global leadership team. He commented: “I am very excited with this strategic alliance and have no doubt that it will add significant value to FEDS, our clients and Aerodyne Group.
“This partnership will solidify us now, at the group level, as an undisputed global number one Drone powered solutions providers.
“FEDS was already at the forefront of the technology and we were providing the best in class services, but Aerodyne will even take us a step further, an amazing change for us and a great news for the local market.
“We look forward to continuously create value and expand the frontier in the drone services space together with Aerodyne.”