Tag Archives: funding

NUAIR 50-Miles of BVLOS, Int’l AAM Corridor, ESD Funding

Governor Kathy Hochul announced on October 19th that the New York Unmanned Aircraft Systems Test Site has secured approval from the Federal Aviation Administration to fly uncrewed aircraft systems – commonly referred to as drones – beyond visual line of sight across the entire 50 miles of airspace within New York’s Drone …

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Tech sector wishlist topped by funding for skills developmen…

Focus on sovereign capabilities Minister for Science and Innovation Ed Husic has rolled out a series of programs aimed at boosting Australia’s technology education pipeline including “start-up year”, a consultation process with universities where students can tack on an extra year of HELP-funded study to commercialise a start-up idea. But …

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£10m funding from Innovate UK for medical drone project

A consortium involving Strathclyde researchers that will deliver what will be the UK’s first medical distribution network using drones has secured £10.1 million in funding from the Future Flight Challenge at UK Research and Innovation (UKRI). It is the second successful round of funding for the CAELUS …

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Wingcopter Scores $42M in Latest Funding Round

Weiterstadt, Germany, 21 June 2022 – Wingcopter, the German delivery drone manufacturer and service provider, today announced that it has raised $42 million from renowned financial and strategic investors. The new funding is part of a Series A extension round, tripling the company’s total equity raise to more than $60 …

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Terra Drone Raises $70 Million in Series B Funding

TOKYO, March 22, 2022 /PRNewswire/ — Drone and Urban Air Mobility (UAM) technology company Terra Drone Corporation announced today that it has raised $70 million (8 billion Japanese yen) in Series B funding with investments from Mitsui & Co., Ltd., SBI Investment Co., Ltd., Tokyu Land Corporation, Kyushu …

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DroneSeed Raises Series a Funding Round

DroneSeed today announced it has raised $36 million in its Series A funding round. The round was led by Social Capital and Seven Seven Six, with participation from new and existing investors. Part of these funds were used to acquire Silvaseed, a 130-year-old forestry company, to expand DroneSeed’s seed collection …

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Drones that deliver Covid-19 tests and PPE among £7m funding…

South West companies building drones to deliver Covid-19 tests and personal protective equipment (PPE) are among 20 projects to receive a share of £7million Government investment designed to drive innovation. A trio of businesses in Cornwall and the Isles of Scilly – Droneprep, Consortiq and Windracers – will use unmanned …

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Politicians divided over shark drone funding

SHARK mitigation has once again divided Tweed leaders. Two shark drones have been funded for the next 12 months on the Tweed coastline but some don’t think the region got its fair share. The technology, to be hosted at Cabarita and South Kingscliff/Cudgen, is part of a new $8 million …

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Funding process for Tech Hub continues in Grand Forks

And they talk about it with genuine excitement. In coming years, guests might see tech classrooms or spaces for companies to collaborate nestled in a space housing multiple startups. City Administrator Todd Feland, in sketching out a vision for the building, keeps returning to phrases like “high-tech” or “innovative.” “(Guests) …

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Innoviz Technologies’ Series C Funding Round Closes at $170M…

Innoviz Technologies’ Series C Funding Round Closes at $170M, Strengthens the Company’s Leadership Position in the Solid-State LiDAR and Perception Software Space Innoviz adds computer vision industry luminaries to its roster to further enhance its perception software offering for customers. ROSH HA’AYIN, Israel, June 10, 2019 — (PRNewswire) —   …

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