Delhivery acquires US-based Robotics firm

Delhivery, a leading logistics platform that has filed for Rs 7,460 crore IPO, has acquired California-based Transition Robotics Inc TRI, which is focused on developing Unmanned Aerial System UAS platforms.

With this acquisition, Delhivery hopes to strengthen its capabilities in a wide range of applications, including aerial photography, remote sensing, inspection, and surveys.

TRI brings a decade of deep experience with all aspects of the small UAS -- from hardware and software design to testing, validation and manufacturing. It seeks to unlock new markets and applications for its customers and has a proven track record of shepherding innovative concepts to production, as per a Delhivery statement.

Kapil Bharati, Chief Technology Officer at Delhivery, said the company is looking at the long-term developments that will shape the industry while it continues to build its supply chain platform.

He said TRI onboard gives you a chance to get directly involved with core Drone Technology as regulations and use cases for drones are evolving in the country.

Jeff Gibboney, TRI co-founder Jeff Gibboney said, We are excited to join the Delhivery team and combine our experience in developing UAS solutions with Delhivery's ability to deploy and operate technology at scale. We believe that our core technology and expertise is a great addition to Delhivery's fully integrated approach to logistics and are looking forward to being part of its future.