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US firm buys pioneering drone maker

US: California-based tech firm TRACE Live Networks have acquired Draganfly. Established in 1998, Draganfly is believed to be the longest running manufacturer of multi-rotor helicopters in the world. Draganfly drones are being used for search and rescue, agricultural mapping and aerial photography. Founder and president Zenon Dragan will continue to lead the company's drone division and will become an executive at the new company. The acquisition will allow the company to expand and provide its UAV solutions to larger markets. More organisations will benefit from the industry leading aerial imaging and data that Draganfly’s systems provide, stated Dragan.

Source: Draganfly