In the latest major consolidation move in the busy construction technology sector, DroneDeploy, a cloud platform that allows contractors and other customers to manage the data generated by their drones and other reality-capture tools, announced Oct. 12 that it will acquire StructionSite, a major provider of ground-based reality capture.
The acquisition will unify two market-leading firms in the world of construction reality capture. DroneDeploy has customers in 190 countries that have captured more than 300 million acres and 1.7 million sites mapped to date from a total of 7.9 million drones, small planes and other types of aerial vehicles. Since StructionSite launched in 2016, its customers have used its handheld and hardhat-mounted reality capture technology to capture imagery of over $190 billion worth of construction projects by more than 500 contractors.