by Dan McGovern, SPAR Point Group Editor
Surveying And Mapping, Inc. (SAM) said Wednesday Austin Ventures (AV), the most active venture capital firm in Texas, now owns 60 percent of the business after making an investment to expand market share for the geospatial solutions firm, which had $125 million in sales last year, a company representative told SPAR.
With Facebook reportedly acquiring solar-powered, UAV maker Titan Aerospace for $60 million and Amazon's UAV-delivery demo back in December, it seems everyone is getting into the drone business. And why not? With the global market for small unmanned aircraft systems (sUAS) expected to hit $582.2 million before 2020, according to new research from consulting firm MarketsandMarkets, the business potential is very apparent.
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bias (of a measuring instrument), n—systematic error of theindication of a measuring instrument.(VIM 3.25)DISCUSSION—(1) The bias of a measuring instrument is normally estimated by averaging the error of indication over an appro priate number of repeated measurements.