Tag Archives: funding

FlyGuys, a reality data-capturing technology company based in Louisiana, announces the triumphant closing of its Series A funding round, securing a remarkable investment of $10 million. This substantial financial boost is poised to catalyze relentless innovation, create a scalable software solutions platform, and strengthen the company’s nationwide influence. The round …

Quantum Systems, Europe’s leading innovator in dual-use drone-robotics offering state-of-the-art multi-sensor technology for both government and commercial clients, announces the successful completion of its €63.6 million Series B funding round. This brings the total amount of funding for the Munich-based drone manufacturer to over €100 million. Leading the investment are HV …

Thread, the leader of enterprise-scale autonomous data collection for delivering precise inspection insights, announced that it closed a Series A funding round in the amount of $15M. The round was led by Badlands Capital with notable participation from an early utility partner of Thread’s, Minnkota Power Cooperative, Generational Partners, Rosecliff Ventures, Excell Partners, Homegrown Capital and Kevin O’Leary’s Wonder Fund North …

General Atomics Aeronautical Systems, Inc. (GA-ASI) announced that the Army National Guard (ARNG) has received fiscal year 2023 Congressional funding for 12 new Gray Eagle 25M (GE-25M) Unmanned Aircraft Systems (UAS). The funding comesafter Army National Guard States, which make up 45 percent of the U.S. Army’s combat divisions, requested GE-25Ms to …

MS Dhoni launches quadcopter drone ‘Droni’ in partnership with Garuda Aerospace Drone startup Garuda Aerospace on Monday said it has raised $22 million which is touted as the largest-ever Series A funding in the drone sector. Venture capital firm SphitiCap invested $12 mn along with participation from other global investors, …

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 …

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 …

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 …

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 …

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 …