Delhivery will get access to all intellectual property registered in the US to TRI with this transaction, it revealed in a statement
Logistics services provider Delhivery has announced that it has acquired California-based Unmanned Aerial System (UAS) platform developer Transition Robotics Inc.
Delhivery will get access to all intellectual property registered in the US to TRI with this transaction, it revealed in a statement.
“All IP registered in the US is assigned to Delhivery with this transaction, strengthening its capabilities in a wide range of applications, including aerial photography, remote sensing, inspection, and surveys,” the statement read.
Founded in 2011, TRI has focused on taking vertical take-off UAS with advanced flight capabilities to market. TRI “seeks to unlock new markets and applications for its customers and has a proven track record of shepherding innovative concepts to production,” Delhivery said in a statement.
TRI brings a decade of deep experience in all aspects of small UAS, from hardware and software design to testing, validation, and manufacturing.
“While we continue to build our supply chain platform, we must look at the long-term developments poised to shape the industry. Bringing TRI onboard gives us a chance to get directly involved with core drone technology as regulations and use cases for drones are evolving in the country,” said Kapil Bharati, chief technology officer, Delhivery.
“We are excited to join the Delhivery team and combine our experience in developing UAS solutions with Delhivery’s ability to quickly deploy and operate technology at scale. We believe our core technology and expertise is a great addition to Delhivery’s fully-integrated approach to logistics and are looking forward to being a part of its future,” said Jeff Gibboney, co-founder, TRI.
