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Firmatek acquires Kespry

By |  October 25, 2021

Firmatek and Kespry logos

Firmatek, which offers solutions in inventory measurement, mine mapping, site planning and stockpile measurements, acquired Kespry’s drone-based aerial intelligence platform.

According to Firmatek, the acquisition of Kespry’s mapping intelligence platform creates new market opportunities to deliver a vertical software-as-a-service (SaaS) platform with field-to-finish automation for drone-based analytics.

“By combining Firmatek’s resources with Kespry’s expertise and leadership in AI-driven SaaS software, we can provide better outcomes for our customers,” says Lauren Elmore, Firmatek CEO. “Together, we can continue to offer existing clients a higher level of service, deliver a greater depth of expertise and become the only complete solutions provider in the market that can address every need for all our customers.”

Krishnan Hariharan, who served Kespry as CEO prior to the acquisition, weighed in on the deal, as well.

“Kespry has always stayed on top of emerging technology to better serve its customers, especially as we have expanded our compatibility with any drone model so that more customers can benefit from our solutions,” Hariharan says. “Now coupled with Firmatek’s 30-plus years of experience in the mining industry, we increase our nationwide presence and with advanced data solutions, [it] allows us to better serve our customers’ unique site needs more efficiently and economically.”

Firmatek says it did not acquire assets related to Kespry’s insurance and roofing business as part of the transaction.

Kevin Yanik

About the Author:

Kevin Yanik is editor-in-chief of Pit & Quarry. He can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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