Snap Acquires Small LA Drone Company | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Wed, May 31, 2017

Snap Acquires Small LA Drone Company

Ctrl Me Robotics Now A Part Of The Snapchat Family

Snap, the company behind the popular social media app Snapchat, has reportedly acquired startup company Ctrl Me Robotics for under $1 million.

Both companies operate in Venice, CA according to a report appearing on BuzzFeed News. Ctrl Me Robotics was founded in 2013 to provided tools for the capture of aerial footage to movie studios. Ctrl Me does not build drones, but rather uses third party drones and develops custom-built solutions for video capture. In a 2014 YouTube video, Ctrl Me says it was in the process of developing products for the movie industry, as well as the oil and gas sector and agriculture.

But the company apparently failed to gain traction and was in the process of closing its doors when Snap approached company founder and drone entrepreneur Simon Saito Nielsen about an opportunity for Nielsen to join Snap and bring some company assets and equipment.

This is the second time Snap has flirted with a drone company. Last year, they looked at Lily Robotics, which had sold some $34 million in pre-orders before filing for bankruptcy at the first of the year.

(Image from Ctrl Me Robotics YouTube video)

FMI: Original Report

Advertisement

More News

ANN's Daily Aero-Term (04.30.24): Runway Centerline Lighting

Runway Centerline Lighting Flush centerline lights spaced at 50-foot intervals beginning 75 feet from the landing threshold and extending to within 75 feet of the opposite end of t>[...]

ANN's Daily Aero-Linx (04.30.24)

Aero Linx: Air Force Global Strike Command Air Force Global Strike Command, activated August 7, 2009, is a major command with headquarters at Barksdale Air Force Base, Louisiana, i>[...]

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

Airborne-NextGen 04.23.24: UAVOS UVH 170, magni650 Engine, World eVTOL Directory

Also: Moya Delivery Drone, USMC Drone Pilot, Inversion RAY Reentry Vehicle, RapidFlight UAVOS has recently achieved a significant milestone in public safety and emergency services >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC