AI Drone Tech Company PrecisionHawk Announces Merger with European Geospatial Tech Leader Field
by DRONELIFE Staff Writer Ian M. Crosby
Artificial intelligence and drone technology company PrecisionHawk has merged with European geospatial technology leader Field. This new partnership supports the international growth strategy of both companies, enabling them to have greater influence over the future of infrastructure management.
PrecisionHawk was one of the early players in the drone industry, originally producing a fixed wing unmanned aircraft and eventually moving away from hardware production into ecosystem technology.
“We’re on a mission to build and maintain a better tomorrow with smarter and more sustainable insights from geospatial data,” said Field CEO Cato Vevatne. “We’re excited to be merging our companies, products and technology to deliver world-class infrastructure management solutions to customers across the US, Europe and beyond.”
PrecisionHawk Merger with Field: Combining Technology Assets
The combined proprietary software of the two companies includes inspection technology leveraging artificial intelligence and machine learning, resulting in a new solution for inspection and analytics with applications in United States infrastructure, communication, and energy sectors.
“This partnership will shake up the US infrastructure and energy market and help drive the shift to more sustainable and effective solutions,” said Vevatne. “Our combined resources help our customers boost efficiency and reliability, build resilience, manage risk and safety, and move towards a cleaner and greener future.”
Both companies possess extensive experience equipping premium companies with advanced intelligence for global operating and asset management. Together, they provide a reliable solution that blends inspection, processing, and visualizing technology solutions to assist customers in making crucial business decisions. Data security will continue to be a major priority with all the data remaining in the US.
Field has served as a technology supplier in the US since it signed an exclusivity agreement with drone solution company Spright in 2021. While PrecisionHawk will begin to operate under the Field brand starting by the end of the year, its US headquarters will remain in Raleigh, North Carolina.
Read more:
- PrecisionHawk Launches Drone Skills Program for Rural Electric Co-ops
- PrecisionHawk Lights Up Drone Tech for Utilities
- PrecisionHawk Deploys Drones to Keep the Lights On
- Drone Company PrecisionHawk Names New CEO
- PrecisionHawk Scores Another Big Round: $32 Million to Fuel Growth
Ian attended Dominican University of California, where he received a BA in English in 2019. With a lifelong passion for writing and storytelling and a keen interest in technology, he is now contributing to DroneLife as a staff writer.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has penned over 3,000 articles focused on the commercial drone space and is an international speaker and recognized figure in the industry. Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies.
For drone industry consulting or writing, Email Miriam.
TWITTER:@spaldingbarker
Subscribe to DroneLife here.
[…] post PrecisionHawk Merges with European Geospatial Firm Field appeared first on […]