• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer
  • DroneRacingLife
  • DroneFlyers
  • Newsletter
DroneLife

DRONELIFE

Stay up to date on all the latest Drone News

  • News
  • Products
  • Industries
    • Agriculture
    • Construction
    • Delivery
    • Dual Use
    • Inspection
    • Public Safety
    • Surveying
  • Enthusiasts
  • Regulations
  • Business
  • Video
  • Podcasts

$3 Million Secured By HEXO + Team

June 29, 2015 by staff 1 Comment

packshot_2Squadrone System has finally been able to amass around $5 million for its cutting-edge autonomous flying camera, also known as the HEXO+. While many of you may think that this isn’t such a significant development in the drone industry, think again. The HEXO+ has among the most advanced ‘follow me’ drones that will allow users to capture footage in full HD from the sky.

The drone is also technically the first autonomous flying camera. While Squadrone System had already secured about $1.3 million in its first round of capital raising on Kickstarer, the recent investment of $3 million by Living Water Investment Corp. has brought the company’s total capital to $5M.

With this money, the company will be able to finance full-scale production of the HEXO+ and deploy teams across the US and Europe to ensure that the device is rolled out with an effective marketing strategy. Squadrone System intends to target a wide range of consumers for its product. For those who want to capture aerial footage from an amazing camera, they can pre-order the device for $1,349.

According to Living Water Investment Corp., they are excited about HEXO+’s capabilities because the company also shares the same vision in regards to the innovation and evolution of the camera as a device. Fully autonomous drones will allow video enthusiasts to take their hobby/skill to the next level thanks to this new camera drone. Living Water is proud to be a major investor in the drone and hopes that people across the world are able to enjoy its capabilities.

Since the drone will not require any piloting skills, it allows almost anyone to direct and act in their very own movie, claims Antoine Level, the CEO at Squadrone System. The HEXO+ has already won three awards, including the iPhone Life’s Best of CES, Videomaker’s Best Drone of CES, and Envisioneering’s Innovation & Design award at ShowStoppers.

The camera can be controlled via any Android and iOS smartphone, while the drone can fly up to 45 mph. With such promising credentials, this new device is bound to be a crowd-pleaser.

Filed Under: Entertainment, News, Technology Tagged With: HEXO+, Squadrone System

Reader Interactions

Trackbacks

  1. $3 Million Secured By HEXO + Team - Aluvicro - Drone News says:
    June 29, 2015 at 12:11 pm

    […] post $3 Million Secured By HEXO + Team appeared first on […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

LATEST

U.S. Awards Amprius Up to $75 Million to Expand Domestic Drone Battery Production

Federal grant will support conversion of an existing EV battery line to produce high-energy-density cells for Group 1, 2 and…

Continue Reading U.S. Awards Amprius Up to $75 Million to Expand Domestic Drone Battery Production

Lowe’s Launches Drone Delivery for Home Improvement Supplies

Pilot with Wing and DoorDash brings tools, paint products and household essentials to customers near Charlotte in as fast as…

Continue Reading Lowe’s Launches Drone Delivery for Home Improvement Supplies

What Can Cities Regulate About Drone Delivery?

Colorado proposal focuses on launch hubs as FAA authority limits local control of aircraft operation The City of Northglenn, Colorado,…

Continue Reading What Can Cities Regulate About Drone Delivery?

Testing Electric Aviation for Rural EMS

BETA Technologies, Metro Aviation and Washington County EMS test how electric aviation could support disaster response and medical operations in…

Continue Reading Testing Electric Aviation for Rural EMS

Beyond the Drone and Dock: Building a System for Autonomous Operations

SkyfireAI, DBOX, Drone Nerds and XTI Aerospace combine infrastructure, software and integration expertise for U.S. deployment SkyfireAI and Lithuania-based DBOX…

Continue Reading Beyond the Drone and Dock: Building a System for Autonomous Operations

Counter-Drone Optics Maker Opens US Headquarters, Plans Detroit Factory

UK company helps operators detect, track and classify airborne threats; US manufacturing is planned for 2026 OpenWorks Engineering has opened…

Continue Reading Counter-Drone Optics Maker Opens US Headquarters, Plans Detroit Factory

SkyeBrowse Adds Crash Analysis Tools and Drone-Based Crowd Counts

New features bring vehicle damage measurements, collision review and estimated headcounts into the company’s mapping platform. SkyeBrowse has introduced tools…

Continue Reading SkyeBrowse Adds Crash Analysis Tools and Drone-Based Crowd Counts

Helping Drones Navigate without GPS

Massachusetts company Skyline Nav AI uses cameras and sensors to guide aircraft when GPS signals are blocked or disrupted By…

Continue Reading Helping Drones Navigate without GPS

Guest Post: Why Drones May Change How We Operate in the Atmosphere

Commercial drones have made their name by observing the world below. Now a new class of missions is moving the…

Continue Reading Guest Post: Why Drones May Change How We Operate in the Atmosphere

Fire Foresight Wins $500,000 XPRIZE Wildfire Award

The Australian-British team met the competition’s 10-minute detection gate during Finals Testing near Nenana, Alaska, linking fixed cameras, AI and…

Continue Reading Fire Foresight Wins $500,000 XPRIZE Wildfire Award

Secondary Sidebar

Footer

SPONSORED

What Is the Best Commercial Cleaning Drone in 2026? Specs, Prices, and a Head-to-Head Comparison

Inspired Flight Gremsy IF800 VIO F1 drones geo week

What Will It Take to Strengthen U.S. Drone Manufacturing? A Conversation with Inspired Flight’s CEO

Global Mapper Mobile data collection

Collection Ground Control Points with Global Mapper Mobile

Military Drone Mapping Solutions

How SimActive’s Correlator3D™ is Revolutionizing Military Mapping: An Exclusive Interview with CEO Philippe Simard

Photogrammetry Accuracy Standards

SimActive Photogrammetry Software: Enabling Users to Meet Accuracy Standards for Over 20 Years

NACT Engineering Parrot ANAFI tether indoor shot

Smart Tether for Parrot ANAFI USA from NACT Engineering

About Us | Contact Us | Advertise With Us | Write for Us | Privacy Policy | Terms of Service

The Trusted Source for the Business of Drones.

This website uses cookies and third party services. By clicking OK, you are agreeing to our privacy policy. ACCEPT

Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT