XTEND – the developer of XOS, a human-guided autonomous operating system that is revolutionizing ‘human to machine’ interaction, has acquired Performance Rotors, the Singapore-based drone inspection specialists, in a move that will boost XTEND’s ability to offer human-guided, remote interactive operations in a range of inspection scenarios, and grow its global business. Financial terms of the transaction were not disclosed.
“Our acquisition of Performance Rotors marks the latest step in furthering XTEND’s vision of making remote interactive operations accessible to everyone, in a range of scenarios, including inspection, public safety and security,” said Aviv Shapira, co-founder, and CEO at XTEND.
XTEND provides revolutionary human-guided autonomous machine systems that enable any operator to perform extremely accurate manoeuvres and actions, in any environment with minimal training. XTEND’s patented XOS operating system enables effective, practical autonomy, by fusing the best of human intelligence and machine autonomy, to enhance the operator’s abilities, and simultaneously reduce the risk of injury. Allowing professionals to control drones and smart machines and carry out complex tasks that require human interaction and decision-making safety and remotely.
“Performance Rotors’s mission has always been to develop drones and robotics solutions for data acquisition in GPS-denied and confined space environments, without the risk to human lives,” said Keith Ng, co-founder, and CEO of Performance Rotors.
Chartered Group, who led the acquisition, is a global private equity firm, which provides global investment funds and opportunities for a greener and more digitalized world across several disciplinaries.
Alongside expanding the application of its easily programmable and configurable XOS operating systems into inspection, public safety, security, and other civilian markets, the XTEND team have recently been awarded several multi-million $ contracts with the U.S. Department of Defense and MAFAT, the Israeli Ministry of Defense’s Research & Development Directorate, to modernize their use of drone technology. In both cases, XOS is already enabling military drone operators to interactively operate multiple smart machines from a remote, safe distance, with zero training.
