Kimbal Musk's new company buys Intel's light drone business

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 61%

Business News News

Business Business Latest News,Business Business Headlines

Elon Musk’s brother buys Intel’s fireworks-replacing drone biz

, which focused on things like inspections, land surveying, and mapping. We don't know what happened to this part of the business.

What Not-Elon Musk's announcement does make clear is that Nova Sky Stories' acquisition included 9,000 Intel light drones that have been used for various events, such as the Olympic Games and Super Bowl halftime shows. These light drones have popped up in lieu of traditional fireworks, which we suspect that young parents and owners of cats and dogs approve of.

Musk's team is made up in part by former Intel drone employees. Most notably, this includes Daniel Gurdan, who was co-founder and CEO of the Ascending Technologies drone startup that became the basis of the chipmaker's drone efforts when it was acquired in 2016. The offloading of Intel's drone display business is yet another sign that the x86 giant has moved on from the era of its former CEO, Brian Krzanich, who expanded the corporation's purview into several far out areas beyond its core CPU focus, including virtual reality, wearables, and drones.by the company's board in 2018 for having a"past consensual relationship" with an employee.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It was Verge Aero

I think that stuff is cool +1

Seems like he'll lose quite a bit on that deal

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Leeds Society for Deaf and Blind People given sizeable donation by business who has given out more than £500,000Established in 2015, the Foundation forms part of Maximus UK’s work to positively impact the community, providing support to charities nominated by their own employees:
Source: LeedsNews - 🏆 48. / 63 Read more »