Delta Drone to take majority stake in Arvista

By on 16 August, 2021

Image courtesy Delta Drone

Delta Drone International has announced that it will acquire a majority stake in Arvista, a Perth-based provider of aerial and terrestrial surveying services for the mining, engineering and construction industries.

Established in 2012, Arvista was one of the first certified operators in Western Australia to provide commercial UAV surveying services to mining and other civil construction and earthworks projects.

Delta Drone will initially acquire 60% of Arvista for around $960,000 a combination of cash and scrip, with an option to acquire the remaining 40% in the future.

“Arvista is an excellent strategic fit for Delta Drone’s operations in Australia,” said Delta Drone CEO, Christopher Clark.

“The company has an excellent reputation and a blue-chip client base, serviced by an experienced and professional staff who are keen to utilise our co-ordinated services approach to grow the market opportunity.”

“Australia is the key immediate growth market for Delta Drone International,” added Delta Drone International Chairman, Eden Attias.

“To scale quickly in this market, we needed to ensure that we found a culturally aligned company with the skillset and capability to harness our broader industry-leading drone services.”

Stay up to date by getting stories like this delivered to your inbox.
Sign up to receive our free weekly Spatial Source newsletter.

You may also like to read:


, , ,


Newsletter

Sign up now to stay up to date about all the news from Spatial Source. You will get a newsletter every week with the latest news.

  • This field is for validation purposes and should be left unchanged.
Spatial Digital Twin helps track mouse plague
Landholder sightings of mice are now in the NSW Spatial Digi...
Precise positioning is unleashing innovation
Australia’s National Positioning Infrastructure Capability...
Geoscape partners with GeoX for AI boost
Geoscape Australia will use GeoX’s machine vision and deep...
NT aims to tap into US$43b drone industry
The Territory sees itself as being ideally placed for activi...
C.R. Kennedy becomes distributor for Matterport
Matterport develops hardware and software for reality captur...
Wingtra launches the WingtraOne GEN II
Wingtra has announced the availability in Australia of the W...