Malaysia’s Aerodyne picks stake in Australian drone inspection firm Sensorem

Drone in sky. Credit: Flickr/Pete

Malaysia-headquartered drone solutions provider Aerodyne Group has signed an agreement to acquire a principal stake in Australia-based drone surveying and advanced asset inspection company Sensorem.

This investment is expected to generate meaningful upside for Sensorem, Aerodyne, and clients spanning the Australian minerals, energy, industrial and agricultural sectors, Aerodyne said in a statement on Monday.

Sensorem’s management team, led by managing director Ed Boxall, will continue to lead the company and remain as shareholders in the business.

Headquartered in Perth, Sensorem is a remote-sensing specialist, offering asset inspection and aerial surveying services that use drone and sensor technology.

Sensorem caters to multiple sectors including government and local authorities, construction, utility companies, research and development agencies, as well as a specific focus on mining and agriculture sectors.

Sensorem will provide Aerodyne Group’s smart drone solutions and innovative data analytics technologies to businesses across industries in Australia. This includes the DT3 company’s AI-powered, end-to-end cloud-based asset management solution “vertikaliti.”

On the development, Sensorem managing director Ed Boxall said, “The next phase of Sensorem’s journey will no doubt benefit from this partnership with the global leader in the field of drone-based enterprise solutions.”

Aerodyne has a presence in 25 countries across the Asia Pacific, the Middle East, Americas and Europe. It has managed over 300,000 infrastructure assets with 110,000 flight operations and surveyed in excess of 100,000 km of power infrastructure globally.

In April, Aerodyne announced that it had acquired a controlling stake in Middle Eastern drone player FEDS Group Holdings. In February, Aerodyne announced that it has raised an additional undisclosed amount in its Series B funding round backed by North Summit Capital, Arc Ventures, and Leave a Nest.

 

Singapore Reporter/s

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Following vacancies can be applied for (only in Singapore).   

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.