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-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

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 (04.24.24): Runway Lead-in Light System

Runway Lead-in Light System Runway Lead-in Light System Consists of one or more series of flashing lights installed at or near ground level that provides positive visual guidance a>[...]

ANN's Daily Aero-Linx (04.24.24)

Aero Linx: Aviation Without Borders Aviation Without Borders uses its aviation expertise, contacts and partnerships to enable support for children and their families – at hom>[...]

Aero-FAQ: Dave Juwel's Aviation Marketing Stories -- ITBOA BNITBOB

Dave Juwel's Aviation Marketing Stories ITBOA BNITBOB ... what does that mean? It's not gibberish, it's a lengthy acronym for "In The Business Of Aviation ... But Not In The Busine>[...]

Classic Aero-TV: Best Seat in The House -- 'Inside' The AeroShell Aerobatic Team

From 2010 (YouTube Version): Yeah.... This IS A Really Cool Job When ANN's Nathan Cremisino took over the lead of our Aero-TV teams, he knew he was in for some extra work and a lot>[...]

Airborne Affordable Flyers 04.18.24: CarbonCub UL, Fisher, Affordable Flyer Expo

Also: Junkers A50 Heritage, Montaer Grows, Dynon-Advance Flight Systems, Vans' Latest Officially, the Carbon Cub UL and Rotax 916 iS is now in its 'market survey development phase'>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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