Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

mdGroup Acquires GeoCue Group

Facebook Twitter LinkedIn Email
mdGroup, parent company of Microdrones, has acquired lidar-mapping technology company GeoCue Group from its founders for an undisclosed amount. The acquisition serves to strengthen mdGroup’s position within the drone surveying market.

“With this acquisition, we are positioned to respond to increasing demand for drone-enabled precision deliverables. This includes classified and colorized point clouds, volume calculation, and contour maps,” said Vivien Heriard-Dubreuil, CEO of mdGroup.

GeoCue joins Microdrones as a portfolio company of mdGroup focused on the aerial surveying industry. While the acquisition will not yield any visible change for customers of GeoCue or Microdrones in the near term, mdGroup said the acquisition will provide immediate benefits for both companies in terms of increasing collective expertise in aerial lidar technology, as well as expanding market reach.

“This further establishes mdGroup as the go-to provider of industrial-grade, high-quality, and Western-made aerial surveying equipment and software,” said Francois Gerner, CFO of mdGroup. “In the medium to long term, mdGroup expects customers of both companies to benefit from the outcome of GeoCue and Microdrones collaboration in the technical field.”
Jan 2022
An acronym of light detection and ranging, describing systems that use a light beam in place of conventional microwave beams for atmospheric monitoring, tracking and detection functions. Ladar, an acronym of laser detection and ranging, uses laser light for detection of speed, altitude, direction and range; it is often called laser radar.
Businessmergers & acquisitionsacquisitionsimaginglidardronesLidar mappinggeo-mappingaerial lidarsurveyingGeoCuemdGroupmicrodronesdigital twinmdInfinity

Submit a Feature Article Submit a Press Release
Terms & Conditions Privacy Policy About Us Contact Us
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.