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Procore Closes $845M DroneDeploy Acquisition as Jacobs Wins $130.5M Water Contract

Procore logoProcore
Sig4.60Sen+2.40Env0.00Soc0.00Gov0.00
Jacobs Engineering logoJacobs Engineering
Sig3.20Sen+4.20Env+2.60Soc+2.30Gov0.00

Procore has officially closed its $845 million cash acquisition of DroneDeploy, CEO Ajei Gopal said. Oklahoma City Water Utilities Trust tapped Jacobs for $130.5 million in operations and maintenance for wastewater facilities, including bridge improvements extending service life by 75 years. Granite Construction also won a $23.7 million FHWA contract in Glacier National Park, with roadway reconstruction and new visitor amenities scheduled to begin in fall 2026.

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