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EQUIPThe Verge · 01 Sept

GoPro has been acquired and is getting into ‘defense, government, robotics and aerospace’

Executive Brief

The 30-second read

Starman Holding has acquired the majority of GoPro for $285 million in cash to pivot operations toward industrial sectors. The company is transitioning its focus from consumer hardware to defense, government, robotics, and aerospace applications.

  • 01Starman Holding purchased the company for $285 million to expand into specialized technological sectors
  • 02GoPro will shift its core business model toward defense, government, robotics, and aerospace industries
  • 03YouTuber Mark Fischbach recently became the company's single largest individual shareholder prior to the acquisition

AI-generated summary · Verify at source

GoPro suddenly looks like a very different company than it did just last week. First, YouTuber Mark "Markiplier" Fischbach became the company's single largest shareholder, without disclosing that in a sponsored review that came out a week later. Now, almost the entire company has been bought by Starman Holding for $285 million in cash, which […]