Skeye the limit as Terra Drone ramps up European expansion with new acquisition

Terra Drone, Japan’s largest drone firm, has continued its global expansion with the acquisition of Skeye.

Skeye, a European drone service provider specialising in aerial survey and inspection, will turn its Dutch-based offices into Terra Drone’s European HQ as part of the move.

The firm focuses on drones in the oil and gas market and also has presence in the United Kingdom and in Belgium. This move means it will become one of the world’s largest drone companies with more than 250 employees and a presence in every continent.

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Toru Tokushige, CEO of Terra Drone, explained the reason for the acquisition, he said: “We have had discussions with many drone operators in Europe but were especially impressed with the track record and professionalism of Skeye.

“Skeye has an excellent track record and vast professional experience in the on- and offshore oil and gas market, in both inspections and 3D surveys using drones. We consider Skeye to be the best partner to bring our technologies to the European and African market.”

Skeye’s managing director, Pieter Franken, thinks the move is good for his company both short and long term.

Commenting on the acquisition, he said: “Terra Drone will bring a wealth of new technologies and a global network that we can use to better serve our international clients. This will ensure we can keep on providing our customers with the most cutting-edge technologies, now and in the future.

He added: “The TerraUTM operating platform, 4G capabilities for guiding drones over large distances, inhouse developed Terra-LiDAR, smart learning inspection software, and their proprietary mapping software Terra-Mapper are but a few of examples of technologies that this partnership will bring.”

Earlier this month, Terra Drone made a move into the South African market to aid underground mining in the region.

Read more on that story here:

Terra Drone opens new branch in South Africa to aid underground mining

Tags : AcquisitionbusinessfinancialSkeyeTerra Drone
Alex Douglas

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