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Intel is to acquire a German drone company, increasing its investments in drones, which the company recognises as “an important computing platform of the future”.
In August 2015, Intel invested $60m in Chinese drone maker Yuneec International, which the US company saw as a strategic move to entrench its chip technology in the fledgling unmanned aerial vehicle (UAV) market.
Intel competitor Qualcomm has invested in US drone maker 3D Robotics, according to the Seeking Alpha financial website.
Analysts say Intel’s acquisition of Ascending Technologies further bolsters its position against Qualcomm and other competitors, such as Nvidia and early market leader Ambarella, in the drone processor market.
Venture capitalists and companies are investing in drone technology on the expectation that UAVs will prove beneficial for consumers and industrial customers.
Amazon and Google are both testing drones developed to deliver goods to customers, and Sony has launched a drones-as-a-service business unit that uses its image sensor technology. Meanwhile, Facebook is testing a UK-developed drone to enable internet connectivity in remote, unconnected areas.
According to Intel, Ascending Technologies owns best-in-class drone auto-pilot software and algorithms.
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- While excitement grows in anticipation of mass adoption of drones, the industry has to overcome hurdles in regulation.
- Airline easyJet has trialled the use of drones to carry out automated testing on aircraft.
- With drones becoming commonplace in the UK, the law has needed to evolve and play catch-up.
“We have already partnered to combine Ascending Technologies’ sense-and-avoid algorithms with Intel RealSense technology’s real-time depth-sensing capability,” said Josh Walden, senior vice-president and general manager of Intel’s New Technology Group.
“Together, these technologies can, among other things, improve drone safety – helping them to avoid obstacles and collisions.
Walden said drones are quickly emerging as an important computing platform of the future, with practical applications including disaster response, infrastructure inspection and delivery of goods.
He said drones offer an “incredible opportunity for innovation” across many industries, and added: “As a result, Intel is positioning itself at the forefront of this opportunity to increasingly integrate the computing, communications, sensor and cloud technology required to make drones smarter and more connected.”
Walden said Intel had signed a definitive agreement, subject to customary closing conditions, to acquire Ascending Technologies.
“We are not disclosing financial terms,” the company said in a statement, noting that Ascending Technologies is a small company with about 75 employees, who are all receiving offers to join Intel. “We are also not discussing product roadmap plans at this time,” the statement said.
Walden said Intel plans for the Ascending Technologies team to continue supporting their current customers while also collaborating with Intel’s perceptual computing team to develop UAV technology to help drones fly with more awareness of their environments.