Field did disclose the planned closing in October of this year, but the announcement received scant notice alongside the news of a new company Board Chair and CEO.
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Cloneable, a new Raleigh-headquartered startup, is working to make drones more intelligent—and the company is led by former PrecisionHawk leaders. Hear more about their tech platform and their pre-seed funding round.
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Field Group, a Europe-based company focusing on what it calls “digital reality services,” recently acquired Raleigh-based Precisionhawk, a company that secured $136 million millions from investors and built a customer base of Fortune 500 firms while also pioneering drone technology such as beyond line of sight control.
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PrecisionHawk, headquartered in Raleigh, will partner with Wake Tech on a new drone pilot training program for those who already hold an FAA Part 107 certification beginning in September.
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The lawsuit was filed earlier this month in Wake County North Carolina Superior Court by the law firm of Thomas K. Lindgren on behalf of the plaintiffs, JP Business Group and Terravative. It pertains to a 2015 agreement that saw PrecisionHawk acquire Terraserver.com and other assets from the plaintiffs.
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Drone firm PrecisionHawk has received two patents for technology that is designed to keep drones from colliding with manned aircraft.
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PrecisionHawk, a developer of drone technology and provider of related services, has a new chief executive officer.
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PrecisionHawk Inc., a Triangle-based drone technology company, has raised a $32 million investment from venture investors . The round brings PrecisionHawks financing so far to more than $100 million.
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As head of one of the fastest-growing drone tech startups in the Triangle, his firm is seeing “over 100 percent plus growth” year on year. And it’s just the beginning, he says.
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