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Delhivery buys US-based UAS platform Transition Robotics for unknown sum

All intellectual property registered in the US will be assigned to Delhivery with this deal, boosting its capabilities aerial photography, remote sensing, inspection, and surveys

Delhivery was, till recently, planning to launch an IPO, but experts believe those plans would be put on the backburner
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Delhivery

BS Reporter New Delhi
Fully-integrated logistics services firm Delhivery said it has acquired Transition Robotics Inc., a California-based company focused on developing unmanned aerial system (UAS) platforms, for an undisclosed amount.

All intellectual property registered in the US will be assigned to Delhivery with this transaction, strengthening its capabilities in a wide range of applications, including aerial photography, remote sensing, inspection, and surveys, the firm said.

“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