Sanborn Map Company, a prominent player in the geospatial industry, has announced the acquisition of VeriDaaS, a technology company at the forefront of Geiger mode Lidar innovation. This move supports Sanborn’s strategic objective of sustaining growth while offering the latest technology to its clients.
The integration of VeriDaaS’s assets and advanced solutions into Sanborn’s Mapping Division will bolster the company’s capacity to deliver comprehensive, highly advanced services. With the significant maturation of this technology since its inception, the acquisition is poised to drive considerable growth for Sanborn in the coming years.
Expanded Lidar capabilities
“The acquisition of the photon counting Lidar technology along with value added product generation is a significant step forward for Sanborn. This groundbreaking technology developed from significant previous investments perfectly complements our commitment to innovation and excellence. We will accelerate our growth in Lidar products and analytics expanding our capabilities to better serve our clients and partners,” stated John Copple, CEO of Sanborn.
Over the past years, VeriDaaS has built an extensive portfolio of market applications, ranging from asset management and vegetation management to solar siting, flood risk assessment, resilience planning, wildfire management, and urban change analysis. By integrating this advanced technology with Sanborn’s linear mode Lidar, Sanborn is poised to elevate its expertise and provide significantly enhanced services to its customers.