mdGroup acquires GeoGue Group

by mdGroup

mdGroup, parent company of Microdrones, has acquired GeoCue Group, Inc. for an undisclosed amount. The acquisition broadens its expertise in aerial lidar surveying technologies and consolidates its market position in professional aerial surveying hardware and software solutions.

US-based GeoCue, which also distributes solutions in Southern Africa, serves the mapping, surveying, and engineering industry through its TrueView line of drone sensors and lidar processing software TrueView EVO/LP360.

In the near term, the acquisition will not yield any visible change for either company’s customers. In the medium to long term, clients will benefit from the companies’ combined expertise and technical collaboration.

“With this acquisition, we are positioned to respond to increasing demand for drone-enabled precision deliverables. This includes classified and colourised point clouds, volume calculation and contour maps,” says Vivien Heriard-Dubreuil, CEO of mdGroup.

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