Wichita-based agricultural drone company increases its footprint, acquires Measure Global

Alice Mannette
The Hutchinson News
An AgEagle drone.

As the use of drones continues to grow worldwide, so does a Wichita-based agricultural drone company.

AgEagle announced on Monday its acquisition of Measure Global, an aerial intelligence company that builds software to automate drone operations workflows. Through an approximately $45 million purchase, AgEagle significantly expands its drone capabilities.

AgEagle started out in 2010 in Neodesha, moving its production to Wichita last fall.

"The acquisition of Measure expands our team and brings us another best-in-class technology to the AgEagle platform that will enable us to offer the most advanced end-to-end drone solutions to agricultural, commercial and industrial customers across the state, the nation and the world,” said Michael Drozd, CEO of AgEagle.

Measure Global expands AgEagle’s reach by using a cloud-based, plug-and-play operating system to empower pilots to operate drone fleets. This helps pilots fly autonomously while gathering data. Brandon Torres Declet, the co-founder and CEO of Measure was recently appointed to the FAA’s Drone Advisory Committee.

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This is the third acquisition by AgEagle, and the second this year, as part of the Company’s strategy to acquire and integrate drone technologies required to deliver American-made, tailored drone solutions to the world. Earlier this year, the company acquired advanced drone sensor leader MicaSense.

AgEagle is expecting the use of drones to continue to increase, and that is good news for Kansas.

“We take great pride in being headquartered in Kansas, which is also home to our manufacturing and production facilities,” Drozd said. “From agricultural and land surveillance solutions, to drone package delivery, we are simultaneously innovating while working with government entities, including the State of Kansas, on initiatives such as the FAA's BEYOND Program, to help solve key challenges associated with UAS integration into the national airspace system.”

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This Kansas-based company, which is listed on the NYSE, is continuing to grow, but Drozd said, helping Kansas farmers is always a part of the company’s goal.

“The most important aspect of the acquisition for farmers in Kansas is that it will allow anyone in the agriculture sector who is seeking comprehensive drone solutions to automate their drone operations workflow, from start to finish,” he said. “This means they will have the ability to capitalize on significant economic, safety and efficiency benefits to increase performance outputs and make their farms as successful as possible.”