mdGroup acquires GeoCue to strengthen drone surveying offering, plans U.S. expansion

mdGroup has bought aerial Lidar mapping technology provider GeoCue Group for an undisclosed sum from its founders.

The company already owns Microdrones, a Germany-based business that supplies aerial data to make digital twins of industrial sites.

The acquisition was announced Monday and is expected to complement Microdrones’s existing offering including high-end surveying drones, photogrammetric measurement tools and data interpretation packages.

GeoCue Group brings its TrueView line of drone Lidar/Imaging sensors and Lidar data processing software TrueView EVO/LP360 with the acquisition. Lidar, an acronym for light detection and ranging, is a sensing method of eye-safe laser beams that creates 3D representations of the surveyed environment. The technology is used to establish the variable distance between an object and a sensor.

It’s part of a “one-stop” shop strategy under which mdGroup plans to collate drone and digital twin-related services.

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