By DRONELIFE Features Editor Jim Magill Creating an ecosystem to support a flourishing drone manufacturing base to meet the future needs of U.S. industrial customers is going to take several years and involve a partnership between AUV producers and the federal government. A Houston-based producer of agricultural spray drones is doing its part to facilitate that … [Read more...] about Company Launches Drone Manufacturing Plant in Cajun Country
Business and Finance
Anti-Drone Laser Developer Aurelius Systems Announces $10 Million Seed Round
Anti-drone laser systems developer Aurelius Systems recently announced the close of a $10 million seed round co-led by General Catalyst and Draper Associates. This funding will enable Aurelius to scale operations and accelerate development of its next-gen laser platform, designed to safeguard critical infrastructure and frontline forces from rapidly evolving UAS … [Read more...] about Anti-Drone Laser Developer Aurelius Systems Announces $10 Million Seed Round
Going to InterGeo in Germany Next Week? Check These Out!
Spotlight on the Unmanned Systems Stage at InterGEO 2024 InterGEO 2024, taking place from September 24-26 in Stuttgart, Germany, is the premier event for geospatial innovation, offering a diverse platform for professionals in geoinformation, geodesy, and land management. A key highlight of the event is the Unmanned Systems Stage, where the future of drone technology will be … [Read more...] about Going to InterGeo in Germany Next Week? Check These Out!
Fotokite Secures $11 Million in Series B Funding to Enhance Emergency Response Drone Technology
Swiss and US-based company aims to expand global operations and further develop its autonomous drone solutions for public safety. Fotokite, a company specializing in actively-tethered UAVs for firefighting and public safety, announced the successful closure of its Series B financing round, securing approximately CHF 10 million ($11 million). The funding is earmarked for … [Read more...] about Fotokite Secures $11 Million in Series B Funding to Enhance Emergency Response Drone Technology
A Once-in-a-Lifetime Experience at the NYSE: Celebrating UAV, a New Way to Invest in the Drone Industry
Friday, DRONELIFE had the opportunity to participate in a time-honored tradition at the New York Stock Exchange: the ringing of the opening bell. We were there to celebrate the launch of a new way to invest in the drone industry: the listing of UAV: an AdvisorShares Drone Technology ETF. Images property of NYSE Group, Inc. or its affiliates. © 2022 NYSE Group, Inc. All … [Read more...] about A Once-in-a-Lifetime Experience at the NYSE: Celebrating UAV, a New Way to Invest in the Drone Industry
