AgEagle to Acquire senseFly from Parrot

Founded in 2009, senseFly develops and produces a proprietary line of eBee-branded, high performance, fixed wing drones for professional use. Safe, ultra-light and easy to use, these autonomous drones are utilized by thousands of customers around the world in agriculture, government, engineering and construction, among other industry verticals, to collect actionable aerial data intelligence. The EPFL spinoff became a wholly-owned subsidiary of the French Parrot Group, however the team stayed in Lausanne.

AgEagle, an industry-leading provider of drones, sensors and software based in Witchita, Kansas, and Parrot today jointly announced that they have signed a definitive agreement under which AgEagle shall acquire sensefly. In tandem with the closing of the acquisition expected shortly, Gilles Labossiere will resign as Chief Executive Officer of senseFly. Michael O’Sullivan, who previously served as the Company’s Head of Global Marketing, will be appointed as Managing Director of the new AgEagle subsidiary. All other senseFly employees will retain their current responsibilities.

Brandon Torres Declet, Chief Executive Officer of AgEagle, stated, “Recognized as the producer of the world’s most widely used fixed wing drones, senseFly is an ideal strategic fit for AgEagle; and is expected to accelerate our core growth strategy centered on delivering proprietary, full stack drone solutions to the global agriculture, construction, energy, government sectors, and in the future, package delivery. In addition, senseFly brings AgEagle solid engineering talent focused on advanced research and development, a well-established global reseller network and a strong portfolio of intellectual property.”

(Press release / SK)
Picture: sensefly eBee Geo (sensefly)