DroneDeploy, a top aerial reality capture platform player, recently signed a definitive agreement to purchase StructionSite, a top provider of ground reality capture for the construction sector.
Image Credit: DroneDeploy
The purchase will unite the two top solutions for aerial and ground capture into a single platform, allowing customers in the energy, construction, and other industries to effortlessly deploy ground robots, aerial drones, and handheld 360-degree cameras to explore their sites.
Furthermore, this combination will speed up automation in a few of the world’s largest energy and construction companies, which are progressively adopting DroneDeploy’s self-directed ground robotics and drone-in-a-box solutions to enhance efficiency, lower risk, and alleviate rising costs.
Companies across industries have been asking for a unified view of their sites: a single platform to document, inspect and measure the exterior and interior of their assets and infrastructure.
Mike Winn, CEO and Co-Founder, DroneDeploy
Mike Winn stated, “We're excited to deliver on this, combining DroneDeploy’s leadership in aerial reality capture with StructionSite's leadership in ground reality capture to enable full reality capture for 40% of the top 400 general contractors.”
“I am thrilled that with the DroneDeploy and StructionSite teams joining forces, our combined technology, resources, and expertise will deliver the unified experience our construction customers and the wider industry have been asking for,” stated Matt Daly, CEO and co-founder of StructionSite.
Together, we can accelerate StructionSite’s product roadmap through an integrated platform that will enable some of the world’s largest construction companies to deploy autonomous aerial and ground robots to deliver efficiency and cost savings at scale.
Matt Daly, CEO and Co-Founder, StructionSite
DroneDeploy has become the market share leader in aerial reality capture in 190 countries with more than 300 million acres and 1.7 million sites charted thus far from 7.9 million flights. The company assists its customers in capturing an instantaneous understanding of their processes via drone data.
The company is known for increasing its platform through acquisitions, including the addition of its aerial photogrammetry services offering, with its purchase of New Zealand-based robotics software company Rocos, the extension of DroneDeploy’s reality capture capabilities to independent mobile ground robots.
Following the launch of StructionSite in 2016, its customers have utilized its ground reality capture technology to explore more than $190 billion of construction volume, providing them with unmatched documentation and understanding related to both quality and progress.
More than 500 builders experience a competitive edge with StructionSite, boosting the profitability and efficiency of their project teams, which has triggered rapid customer adoption and three-times yearly growth in ongoing projects.
The deal is projected to close in late October and is conditional upon customary closing stipulations.
On November 1st, 2022, Matt Daly and Mike Winn will hold a virtual event, where they will discuss their vision for the integration of the two solutions, and what it will mean for customers and the industry at large.