Intel Dives Into Drone Market by Acquiring German Startup Ascending Technologies

By: | January 8th, 2016

Ascending Technologies

It appears as though 2016 could represent the year of the droneĀ as Intel has followed its rival Qualcomm into the drone industry.

Intel announced Monday it was acquiring German drone maker Ascending Technologies for an undisclosed price, representing the latest major company to move into the ever-expanding drone market.

We can expect to get more information on the acquisition when CEO Brian Krzanich gives his keynote at the Consumer Electronics Show this week, but we do know Intel is extending job offers to the 75 employees at Ascending Technologies.

The transition should be somewhat of a smooth one seeing as how Intel’s 3-D depth camera was already being used by Ascending Technologies to power the collision avoidance systems within its drones.

Michael Cooney

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