Verizon Acquires Drone Software Company
Friday, February 17, 2017 | Comments

Verizon announced that it purchased Skyward, a company based in Portland, Oregon, that develops drone operations management software. Skyward’s drone operations management software will become part of Verizon’s internet of things (IoT) portfolio. Terms of the transaction were not disclosed.

The acquisition and integration of Skyward’s software into the Verizon portfolio will give businesses small and large a single source for integrating, managing and wirelessly connecting their drone operations – linking all the people, projects and equipment involved into one clear and efficient workflow, a company statement said.

"Last quarter we announced our strategy to drive innovation and widespread adoption for in-flight wireless connectivity through our Airborne LTE Operations (ALO) initiative, a new service to simplify certification and connectivity of wireless drones,” said Mike Lanman, senior vice president, Enterprise Products and IoT at Verizon. “This acquisition is a natural progression of our core focus on operating in innovative, high-growth markets, leveraging our network, scale, fleet management, device management, data analytics and security enablement capabilities and services to simplify the drone industry and help support the adoption of IoT."

"Drones are becoming an essential tool for improving business processes at large companies, but scalability has been a challenge,” said Skyward Founder and CEO Jonathan Evans. “Skyward's drone operations management platform combined with Verizon's network, reliability, scale and expertise in delivering enterprise solutions will allow organizations to efficiently and safely scale drones across multiple divisions and hundreds of use cases."

With Skyward's technology, Verizon will streamline the management of drone operations through one platform designed to handle end-to-end activities, such as mission planning, complex workflow, Federal Aviation Administration (FAA) compliance support, the provision of information about restricted airspace and pilot credentialing, drone registration and provisioning rate plans for drones on Verizon's network. All of this is designed to help developers and businesses create and manage a wide-range of services backed by Verizon's mobile private network, secure cloud interconnect and data analytics capabilities.

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