STEM Program Provider Announces FPV Drone Racing Acquisition

Posted by Betsy Lillian on February 19, 2016 No Comments
Categories : Business Operations

PCS Edventures!.com Inc. (PCSV), a Boise, Idaho-based provider of K-12 science, technology, engineering and mathematics (STEM) programs, has announced the completion of an asset purchase of Thrust UAV, a company focused on the first-person-view (FPV) drone racing market.

The asset purchase includes research and development (R&D) inventory and tools, as well as full rights to the Thrust UAV name, trademark, branding, customer lists, supply chain, and Web presence.

In addition, PCS has acquires Thrust UAV’s IP, which includes engineering designs, firmware, and drone specifications and production files.

“With the rapid growth in the racing drone market, I am excited to be joining the organization and to gain access to resources that will enable us to scale both sides of the business,” comments EJ Duarte, owner and founder of Thrust UAV and now director of Thrust’s R&D within PCS Edventures.

“Robotics competitions in schools are one of the single-largest drivers of educational robotic product sales in the country,” says Robert Grover, PCS Edventures’ executive vice president. “We see the thrill of FPV racing coupled with STEM education as a natural way to drive interest in STEM fields and build a STEM pipeline of technically literate students in the United States.

“Imagine a nationwide league of drone racing teams in our schools – and our students as excited to study electronics, engineering and flight dynamics as they are to play football. In my opinion, FPV drone racing can bring the juice to STEM education,” he adds.

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