Intel has acquired German drone maker Ascending Technologies

Ascending Technologies

Intel has acquired German-based drone startup Ascending Technologies.

 

Financial terms of the deal have not been disclosed but Intel says its a “small company” and that all 75 employees will receive offers to join the Intel team.

Ascend has sold its drones by touting their accuracy of movement, their LED-based “light painting” and their long-exposure photography capabilities.

Last year Intel partnered with Ascending Technologies to integrate its own RealSense image and depth recognition technology with Ascend’s “sense-and-avoid” algorithms that are used in its own devices and sold to other drone manufacturers.

A spokesperson says that Intel will not be discussing and future product roadmap for the product at CES this year. However, a blog post from Josh Walden, Intel’s SVP for new technologies, noted that Intel will continue to support existing customers.

“We plan for the Ascending Technologies team to continue supporting their current customers while also collaborating with Intel’s Perceptual Computing team to develop UAV technology that can help drones fly with more awareness of their environments.”

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The company says “well over 1,000 of our unique aircraft solutions are in frequent operation worldwide.”

Written by John Howard

John Howard

John Howard is the Business Editor at BusinessPundit.com. He is an avid watcher of markets, a wallflower of retail, and a fan of disruptive businesses that utilize technology and unique ideas to form brilliant new ways of doing business. He can be reached at Student Loan Ninja