Israeli company XTEND, developer of the human-guided autonomous operating system XOS, has acquired Singapore-based drone inspection specialist Performance Rotors. The move is set to strengthen XTEND’s remote interactive operations capabilities and expand its global presence.
XTEND Enhances Drone Inspection Capabilities
With the acquisition of Performance Rotors, XTEND aims to make remote interactive operations accessible to a broader range of users. The move allows XTEND to further its vision and expand its XOS operating system’s applications in inspection, public safety, and security. Performance Rotors’ expertise in drone and robotics technologies for data acquisition in GPS-denied and confined space environments is expected to complement XTEND’s innovative XOS software.
Combining Human Expertise with Autonomy
XTEND’s patented XOS operating system fuses human intelligence with machine autonomy to optimize operator abilities while reducing injury risk. This effective, practical autonomy allows professionals to control drones and smart machines, performing complex tasks requiring human interaction and decision-making from a safe distance. Performance Rotors’ mission aligns closely with XTEND’s, focusing on developing solutions that reduce risk to human lives in various industries.
Expanding Applications Across Industries
The acquisition, led by global private equity firm Chartered Group, is expected to enable XTEND to diversify its expertise in oil and gas, maritime, and infrastructure projects. The company’s presence will grow globally, particularly in Asia-Pacific (APAC) and Japan. XTEND has recently been awarded multi-million dollar contracts with the US Department of Defense and Israel’s Ministry of Defense’s Research & Development Directorate to modernize their use of drone technology.
In summary, the acquisition of Performance Rotors by XTEND holds significant potential to expand their capabilities and presence in the drone inspection and remote interactive operations market. Combining human expertise with machine autonomy, the companies aim to create safer and more efficient solutions for a variety of industries.