Defence tech Granta Autonomy, which specialises in autonomous UAVs for intelligence, surveillance, and reconnaissance missions, has raised €1M in Seed funding. Lithuanian ScaleWolf VC led the round, with participation from Brolis Defence and HFL holdings. The new capital will enable Granta Autonomy to accelerate the development and production of its …
Read More »
Yemen: Five MQ-9 Reaper drones, symbolic of American drone technology prowess, have fallen prey to Yemeni Air Defenses since November 2023. Notably, approximately 10 percent of this drone type has been shot down in Yemen, considering the US Air Force’s ownership of around 90 drones. What does this indicate? …
Read More »
Aerodome Inc., a company that supports first responders such as police, paramedics and firefighters with drones, today announced that it raised $21.5 million in early funding to expand its engineering and marketing teams. The company provides a fully automated and remote air support solution using drones that can arrive on scene …
Read More »
SUMMARY BharatRohan will primarily focus on developing proprietary edge-computing drones specifically for precise crop monitoring and variable pesticide application The startup told Inc42 that it is preparing for an IPO on NSE Emerge in the coming months BharatRohan plans to design and develop compact hyperspectral & multispectral sensors for drones …
Read More »
Shield AI, the defense technology company building the world’s best AI pilot for aircraft, announced it has raised $200 million in Series F funding in an oversubscribed funding round. This funding, led by U.S. Innovative Technology Fund (USIT) and co-led by Riot Ventures, with participation from Cathie Wood’s ARK Invest …
Read More »
Dronamics, the world’s first cargo drone airline with a license to operate in Europe, announced on February 17 that it raised $40mn in pre-series A funding from venture capital funds and angel investors from 12 countries. The company is approaching its series A round, and the funding will enable it …
Read More »
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, …
Read More »
Daytona Beach, FL – Censys Technologies Corporation, a leading provider of remote sensing solutions, announces the closing of its Series A Funding Round goal for $8.3 million; a round that was oversubscribed and only expected to raise $8 million. A trailblazer in the commercial Beyond Visual Line of Sight (BVLOS) …
Read More »
The airplane industry has lagged behind most industries when it comes to switching from fossil fuels to cleaner alternatives, mostly because the alternatives were difficult to work with. In recent years, however, the electric aviation industry has attracted over $5 billion in funding. Driving the news: On Wednesday, an aviation …
Read More »
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 …
Read More »
Unmanned Aerial Vehicle The latest drone news