Drone Investment

image courtesy Wingcopter The $22 million Series A investment in German drone delivery company Wingcopter is the latest large funding announcement in the drone industry.  While investors may be getting more picky, the appetite for proven solutions in drone technology is still strong, as the Wingcopter investment indicates.. Wingcopter has …

Despite – or maybe even because of -the current pandemic, drone industry investment continues to grow.  The latest announcement comes from Easy Aerial, a leading provider of autonomous drone-based monitoring solutions.  Easy Aerial announces a Series A round of $6.15 M, led by the same private investment group that funded …

If there were to be an obvious “winner” according to investment figures of 2019, it would be the passenger drone companies. In order to showcase the vast differences in cash injections into different sectors of the drone industry, this year we split it four ways into: drone, passenger drone, counter-drone …

It seems to be the season for funding announcements: and a recent spate of press releases from drone companies indicates that the sector is still desirable. The drone industry has seen some noted consolidations and exits in the last few years.  Commercial drone solutions provider Airware shut down last year …

Kespry is a major player in the commercial drone space, providing a vertically integrated, secure solution for the enterprise.  The Kespry platform is an end-to-end solution which starts with easy-to-use flight planning and execution software and includes AI-powered data analysis and processing in the cloud for a variety of verticals. …

image: Drone Delivery Canada The investment community continues to show their faith in the future of drone delivery. Drone Delivery Canada (DDC) announced that it has closed a financing deal for about C$10 million (about $7.5 million USD. The deal follows the recent announcement of DDC’s development of a large …

The Aerodyne Group, a leading provider of industrial drone services, is getting ready to attack the newest frontier of drone technology: air mobility.  The company announced yesterday that they have received a new influx of funding from the Japan-based Drone Fund, which they will use to expand their position in …

Guest Post: This article published with permission from our partners at DroneII, Drone Industry Insights. Article authored by Hendrik Boedecker. Earlier this month the thermal imagery manufacturer FLIR bought the UAV developer Aeryon Labsfor $200 million, beating their previous record in publicly disclosed drone investments of $134M. This has been yet …

AI-powered drone software program firm Converge has introduced over three quarters of one million in seed funding. With the business drone market quickly increasing – with estimates starting from x to y, however at all times within the billions – drone firms are reaping the good thing about funding.  San …

picture: Near Earth The world’s largest aerospace firm, Boeing [NYSE: BA] has introduced its newest funding in autonomous plane.  Boeing bought Near Earth Autonomy, a Pittsburgh-based firm “focused on developing a portfolio of technologies that enable safe and reliable autonomous flight.”Near Earth Autonomy, a spin-off from Carnegie Mellon University’s Robotics Near Earth …