PrecisionHawk advances its drone-inspection services with acquisition of two new companies

By Michelle Froese PrecisionHawk, Inc., a provider of drone technology for the enterprise, announced that it has purchased HAZON, Inc. and InspecTools Inc. These businesses specialize in the delivery of inspection services and technology for the energy industry, bringing integration between the collection and analysis of drone data.
According to IDC, worldwide spending on robotics and drones will accelerate over the next four years reaching $201.3 billion in 2022. With the acquisition of HAZON and InspecTools, PrecisionHawk aims to operate in high-growth markets and help accelerate the safe adoption of commercial drones.
HAZON brings extensive aviation experience, standards-based operating procedures, certified drone flight operations and

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