Parrot Invests in Two Swiss Spin-offs
... Parrot, a global leader in wireless devices for mobile phones and car entertainment systems, went out of character a few years ago with the introduction of the augmented reality quad copter AR.Drone, an instant success.
... Now Parrot is investing $2.4 million in Pix4D and $5 million for a majority in sensFly, two spin-off companies from Switzerland’s EPFL.
... Pix4D provides a unique software package that converts thousands of standard pictures into a professional geo-referenced image and a highly accurate 3D model.
... senseFly has a lightweight hi-res camera and flight planning system for drones.
... Both investments enable civilian UAVs - and Parrot’s AR.Drone - to advance into the next-generation mapping, surveying and who knows what else.