AgEagle Acquires Measure to Expand Drone Software and Autonomous Control Capabilities
April 19, 2021
AgEagle Aerial Systems Inc. acquired Measure Global Inc. (Measure), a provider of the Ground Control cloud-based drone operating system, in a cash-and-stock transaction valued at approximately $45 million. The acquisition adds Measure's autonomous flight, fleet-management and analytics software to AgEagle's sensor and drone platform to accelerate the company's push toward end-to-end drone solutions for agriculture, commercial and industrial customers.
- Buyers
- AgEagle Aerial Systems Inc.
- Targets
- Measure Global Inc.
- Industry
- Aerospace & Defense
- Location
- District of Columbia, United States
- Transaction Type
- Buyout
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