After Merger, GoPro Hopes To Expand in AI, Defense, and Aerospace Markets
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What does this mean for folks who still love jamming a GoPro on their head and dropping in? For now, at least, nothing dramatic. According to a press release shared by GoPro, it will "remain a publicly listed company and will continue to fully support its existing consumer products and its subscription and cloud platform." But it could also lead to GoPro showing up in new places. The release added that the combined Starman-GoPro company plans to "leverage its IP, optics and imaging capabilities across defense, government, robotics and aerospace markets." "Advanced optics and imaging are essential to AI, national security, and the broader economy, yet much of the critical hardware supporting these technologies continues to be manufactured overseas," said Charles Tebele, CEO of Starman Holding, in a release. Nicholas Woodman, founder and CEO of GoPro, added that "We expect this merger to enable GoPro to grow across consumer, commercial and defense markets."