Draganfly Innovations acquired by TRACE Live Networks

By Patrick C. Miller | July 29, 2015

Draganfly Innovations Inc.—a Canadian manufacturer of small unmanned aerial systems (sUAS)—has been acquired by TRACE Live Networks of Venice, California.

“This acquisition allows us to expand and provide our UAV solutions to larger markets,” said Zenon Dragan, company founder and president. “More organizations will benefit from the industry leading aerial imaging and data that our systems provide. We will continue to develop products that push the boundaries of technology.”

Founded in 1998 and located in Saskatoon, Saskatchewan, Draganfly Innovations grew to become an internationally known company in commercial sUAS development and production. TRACE is the developer of the TRACEr1 intelligent camera which follows its operator while live-streaming video to the Internet.

Draganfly’s engineering team will remain in the Saskatoon headquarters while Dragan will join the TRACE executive team. He will continue to lead Draganfly Innovations.

TRACE and the Draganfly will collaborate on the TRACE Live Network auto-follow devices and live-streaming platform. They will also initiate development of several commercial applications for TRACE’s visually intelligent SmartCamera technology.

“Draganfly Innovations is undoubtedly one of the most respected organizations in the commercial UAV space and we see huge scope for growth, not only within the company’s existing business, but through integrated applications of Draganfly UAVs with TRACE’s visual intelligence tracking technology,” said Cameron Chell, TRACE cofounder.

Draganfly Innovations is among the world’s longest running manufacturers of multi-rotor helicopters and the maker of the first civilian sUAS to be credited with saving a life. Draganfly Innovations’ products are widely used in several commercial fields including law enforcement, search and rescue, agricultural mapping, industrial inspection and aerial photography.

“We’re incredibly excited to scale out Draganfly to service a wider market and put the expertise within our teams together to collaborate on some groundbreaking and potentially life-saving new products,” Chell said.

Draganfly Innovations current sUAS helicopters include the Guardian and X4-ES systems, which are controlled by the company’s Draganview software.

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