Seattle-based mostly MicaSense, makers of sensor devices for drones, obtained for $23M

MicaSense, the Seattle-based makers of sensor tools for drones employed by the agriculture business, has been obtained by Wichita, Kan.-based AgEagle Aerial Methods Inc., a chief in industrial drone know-how and solutions.

AgEagle announced Wednesday that it was buying MicaSense from Paris-based Parrot, a foremost European drone-market group, in a mixed funds and inventory transaction valued at $23 million.

MicaSense was launched in 2014 and moved to Seattle from California all around 2015, the place it established up shop in the Fremont community. The enterprise raised $7.4 million from Parrot in 2016. Its large precision thermal and multispectral sensors are made to enable farmers scan fields with drones and in the end enhance the health and output of their crops.

AgEagle said in a information release that MicaSense technological innovation is perfectly positioned to handle applications in the power and insurance policies sectors, as effectively as autonomous flight protection for package deal shipping, among the other alternatives.

“With the onboarding of MicaSense’s strong imaging technologies onto a drone developed for deal shipping and delivery, we feel it will empower us to produce a turnkey remedy that processes in-flight facts in real-time,” AgEagle CEO J. Michael Drozd stated in a statement. “This will allow for drones to properly assess emergency landing zones, affirm and substantiate successful deliveries and decide proximity warnings, among other critical issues.”