Intel just can’t get enough of drones lately. Following on from last year’s $60 million investment in Hong Kong-based Yuneec International, the chip maker now says it’s going to acquire Germany’s Ascending Technologies GmbH for an undisclosed sum.

Ascending Technologies builds a wide variety of drones that come programmed with special “auto-pilot” software and algorithms that allow its flying machines to detect and avoid obstacles while up in the air. The company showed off one such drone, called Firefly and equipped with six RealSense cameras, at last year’s CES show in Las Vegas. The drone was able to detect and move away from people that approached it without human intervention.

Intel said in a blog post that its plan is to incorporate 3D RealSense technology with drones, providing them with a three-dimensional view of their surroundings. The idea is that the cameras will act as the drones’ eyes, with Intel also said to be building software that will allow them to analyze images in real-time.

Intel’s interest in drones is nothing new. The company believes drones have an extremely bright future and is desperate to get its chips inside as many of them as possible. As well as the investment it made in Yuneec last year, it’s also pumped cash into two other drone makers in the last year and a half. The chip giant led a $10 million series funding round in PrecisionHawk in November 2014, before pumping an undisclosed amount of cash into Airware last April – moves which analysts say were made to ensure it isn’t left behind by ARM-based chip maker rivals like Qualcomm Inc., which led a $50M funding round into the U.S. drone maker 3D Robotics Inc. back in February 2014.

“Intel is positioning itself at the forefront of this opportunity to increasingly integrate the computing, communications, sensor and cloud technology required to make drones smarter and more connected,” wrote Josh Walden, SVP and GM of Intel’s New Technology Group, in a blog post.

Intel’s announcement comes just one day before this year’s CES show kicks off, with the company set to show off an array of drones, robots, PCs, wearable gadgets and mobile devices. We’ll likely get to see more drones flying around at this year’s event during Intel CEO Brian Krzanich’s keynote. Hopefully, he’ll shed more light on Intel’s plans for Ascending Technologies and drones in general.

Intel refused to say how much it was paying to acquire Ascending. However it did say the firm has around 75 employees, all of whom are being offered jobs at its new parent company.