By Dronelife Features Editor Jim Magill A start-up Houston-based drone and software developer is aiming to serve a large looming market demand for drone infrastructure inspections, which could one day grow to involve tens of thousands of UAV flights every day. Horizon Aerobotics, which recently emerged from stealth mode to begin commercial operations, has targeted … [Read more...] about Drone, Software Startup Looks to Capture Growing Inspection Demand
Drone AI
Destinus Acquires Daedalean to Advance AI Flight Systems
Acquisition strengthens Destinus’ position in defense and civil drone markets amid rising investment in AI-powered autonomy Destinus to Acquire AI Leader Daedalean for $225 Million Destinus Group BV, a European developer of flight systems, has announced a binding agreement to acquire Zurich-based Daedalean AG for CHF 180 million (approximately USD 225 million). … [Read more...] about Destinus Acquires Daedalean to Advance AI Flight Systems
Nearthlab Joins Red Cat Futures Initiative to Advance U.S. Defense Drone Innovation
South Korean AI drone company partners with Red Cat to support the Pentagon’s Replicator program and expand U.S. defense market presence. by DRONELIFE Staff Writer Ian J. McNabb South Korean drone AI company Nearthlab recently announced the signing of a Memorandum of Agreement (MOA) with San Juan, Puerto Rico-based Red Cat Holdings, Inc. a drone technology company … [Read more...] about Nearthlab Joins Red Cat Futures Initiative to Advance U.S. Defense Drone Innovation
Drone Safety and Insurance Platform SkyWatch Scores $2 Million in Seed Funding
SkyWatch, a "data analysis, risk-assessment and active risk-reduction platform for the drone industry," has announced $2 million in a Seed round. The funding comes from F2 Capital, Verizon Ventures and Kaedan Capital with "participation of former senior insurance executives from companies like Axa and Liberty Mutual, and world-class leaders in the drone industry," says a … [Read more...] about Drone Safety and Insurance Platform SkyWatch Scores $2 Million in Seed Funding
NVIDIA Brings Drones and AI to Construction Industry through Partnership with Komatsu
The construction industry isn't known for rapid adoption of cutting edge technologies.  The benefits of drones and AI to the industry may change that, however.  Computing giant NVIDIA has announced a partnership with Japanese company Komatsu, one of the world’s largest manufacturers of construction and mining equipment, to bring AI to construction worksites. “We’re seeing … [Read more...] about NVIDIA Brings Drones and AI to Construction Industry through Partnership with Komatsu
