Supplier of commercial drone solutions, Delair, has announced an agreement to acquire the key assets of Airware, a developer of software analytics tools for drone data, one month after the company ceased operating.
Delair said the acquisition of Airware’s software solution “ensures the continuity of service for existing customers and dealers”.
Airware unexpectedly shut down last month, leaving around 120 employees without jobs after the startup’s £92m in funding dried up.
The acquisition also includes Airware’s Redbird analytics software and IP, plus the 26 employees who ran it.
Michaël de Lagarde, co-founder and CEO of Delair, said: “The acquisition signals a new period of growth and product line expansion by Delair.
“With the integration of Airware’s complementary technology, we have significantly strengthened our position as the leading provider of drone-based business intelligence globally. This strategic development further enhances our offer which enables the digital transformation of enterprises in the key industries we serve.”
The Redbird team will integrate its analytics that derived business metrics from 2D maps and 3D models of work sites based on imagery shot by drones.
Co-founder and former CEO of Redbird, who will lead software channel sales efforts at Delair, Emmanuel de Maistre, said: “We are very excited to see our team joining Delair. There’s a great fit as this will form a comprehensive solution with hardware, advanced software, and customised services.
Financial terms were not disclosed, though the acquisition is said to expand Delair’s presence in the United States, as well as in key industrial markets.