CyPhy Works burned through nearly $40m in funding before relaunching as Aria Insights at the start of 2019. The relaunch was an attempt to shift away from hardware and toward the management of aerial data. Then, in March, Aria Insights closed down in a move that was symbolic of consolidation in the industry. Thermal imaging specialist FLIR has announced that it will be … [Read more...] about FLIR Salvages Tethered Drone Tech from Aria Insights
Aria Insights
CyPhy Works, Aria Insights Closes its Doors: Consolidation in Drone Manufacturing Continues
US-based drone manufacturer Aria Insights, formerly CyPhy Works, has closed its doors for good. (Shoutout to The Robot Report who was first to publish the news.) Former CEO Lance Vanden Brook confirmed the news, answering DRONELIFE's request with a brief statement: "Aria Insights has ceased operations effective March 21, 2019." It's a short epitaph to a good company, and … [Read more...] about CyPhy Works, Aria Insights Closes its Doors: Consolidation in Drone Manufacturing Continues