October 12, 2022
DroneDeploy has announced it entered into an agreement to acquire StructionSite, a provider of ground reality capture for the construction industry. The combined company will unify two solutions for aerial and ground capture of data into one complete platform for the construction and energy industries to deploy aerial drones, ground robots and handheld 360-degree cameras to document their sites.
DroneDeploy said the combination of the two companies will also accelerate automation for many construction and energy companies, which are adopting autonomous ground robotics and drone-in-a-box solutions to help them improve efficiency, reduce risks and mitigate 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,” said Mike Winn, CEO and co-founder of DroneDeploy. “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,” said 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.”
DroneDeploy said it has helped customers across 190 countries capture an instant understanding of their operations through drone data, with more than 300 million acres and 1.7 million sites mapped to date from 7.9 million flights. The company previously acquired New Zealand-based robotics software company Rocos to extend its reality capture capabilities to autonomous mobile ground robots.
The StructureSite acquisition is expected to close in late October, subject to customary closing conditions, DroneDeploy said.