Terra Drone has continued its acquisition drive with the purchase of a majority stake in leading European drone service provider Skeye.
With this acquisition, Terra Drone has become one of the largest drone service companies with more than 250 employees and a presence in all continents. As part of the acquisition, Skeye will become the European headquarters of Terra Drone.
This is Terra Drone’s second acquisition in a matter of months. Back in October, it invested in Inkonova AB, a Swedish startup developing aerial robotics for underground mining and, earlier this month, it opened a branch in South Africa.
Terra Drone serves its clients with safer, better and more efficient surveys and inspections by using and developing cutting-edge technologies in the fields of unmanned aerial vehicles, better known as drones, the company says. It has 10 subsidiaries in Japan, APAC, EU, Africa, North America, and South America and focuses on mining, construction, energy utilities, and oil and gas applications.
Skeye, meanwhile, is an aerial survey and inspection company with a focus on drones in the oil and gas market. It has headquarters in the Netherlands and offices in the UK and Belgium.
Toru Tokushige, CEO of Terra Drone, said the company 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.”
Pieter Franken, managing director of Skeye, 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.
“The TerraUTM operating platform, 4G capabilities for guiding drones over large distances, in-house 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.”