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XTEND Acquires Drone Inspection Company Performance Rotors

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TEL AVIV, Israel, May 24, 2023 — XTEND, developer of the XOS human-guided autonomous operating system, has acquired Performance Rotors, a drone inspection company whose technology supports clients operating oil and gas, maritime, and infrastructure projects. The acquisition will boost XTEND’s ability to offer human-guided interactive operations in a range of inspection scenarios and grow its global business, and make human-guided, remote interactive operations possible in a range of industrial inspection scenarios, including GPS-denied, unsafe, or confined spaces, according to XTEND. Financial terms of the deal were...Read full article

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    Published: May 2023
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    computer vision
    Computer vision enables computers to interpret and make decisions based on visual data, such as images and videos. It involves the development of algorithms, techniques, and systems that enable machines to gain an understanding of the visual world, similar to how humans perceive and interpret visual information. Key aspects and tasks within computer vision include: Image recognition: Identifying and categorizing objects, scenes, or patterns within images. This involves training algorithms...
    Businessmachine visioncomputer visionSoftwareoperating systemXTENDperformanceRotorsAmericasMiddle EastAsia-PacificIsraelmilitarydefenseinspectionImagingautonomousdrone

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