UAV software technology company in Western Europe for sale

• Revenue: < 1M EUR
• Employees: < 10
• Location of the UAV software technology company: Western Europe
• Reason for sale: The owners want to grow the company in Western Europe, therefore are looking to talk to interested investors
• #CFIE ITS405

This UAV software technology company is funded by a team with a proven track record, ready to take the business to the next level. The team is a pioneer in laser-scanning and mobile mapping solutions. The innovation consists in replacing photogrammetry with laser scanning, static scanning with dynamic scanning and expensive software with affordable one. The owners want to grow the company and for this it is needed to develop sales channels and contract distributors (have knowledge about local market) and resellers (local shops that can provide training/maintenance). The revenue model is composed by the sale of the product or by renting it (customers pay per flight or pay a subscription). The owners are looking for investors to accelerate the development, but are also open for M&A deals. The company currently generates a revenue lower than 1M Euro, but has large potential to grow to a bigger scale via a financial investor. The other alternative is to find a home with a larger strategic player that has a client base already.

The enterprise for sale is an early stage company, specialized in hard and software solutions for 3D mobile mapping. The company’s solution consists of an unmanned aerial vehicle (UAV) that makes scans from objects, buildings, sites, geological areas and other points of interest. It allows companies to create 3D maps in an easy and inexpensive way, in the same time it represents a fast, safe and accurate model that is obtained by combining laser scanning with proprietary data-processing software made available as a service. The company is a pioneer in UAV technology.  Its team of specialists is experienced in engineering, designing and developing customised application solutions in-house. The solution has applications in various industries such as surveys, public safety, construction, engineering, offshore, oil & gas, real-estate, mining and government.

The process of scanning is formed of 3 phases: capture data laser-scanner + IMU, data upload & data download, obtain 3D result from pointcloud. The device can fly both in autonomous and piloted mode, however, the autonomous flight is recommended to be used for achieving highest scan data quality and accuracy. The drone requires a GPS connection for its flight control. The devices have an integrated autopilot system that plans the route and performs the flight, it has features such as automatic return-to-home function and manual override. The software component is a pointcloud generation product and has the role to define UAV flights.

Some of the advantages offered by the company’s UAV solution are as follows: it has accurecy (pointcloud versus human-selected points), it is fast (due to efficient collection and processing of data), safe (UAV involves less risk for human surveyors), convenient (UAV can access places that can’t be reached by human beings), reliable (redundant UAV system) and repeatable (cost to update data is affordable). Aside from the drone, there is also the mobile kit that can be attached to a moving object and do the scanning and mapping.

The company for sale developed a mobile UAV software solution that does 3D scanning and mapping.

• The company is active in developing UAV software solutions
• The products developed are used in 3D scanning and mapping
• The UAV software solutions are used in many industries
• The owners are looking to talk with potential investors that are interested to grow the business in Western Europe