George Matus founded Teal Drones in 2015 at just 18 years old, turning a high-school passion into a company recognized for its fast, modular drones with onboard computing power. Matus built Teal to deliver high-performance platforms for both consumer and enterprise markets. His early work earned him a Thiel Fellowship and a spot on Forbes’ 30 Under 30 list in Consumer … [Read more...] about Teal Drones Founder Faces Lawsuit from Former Company Over Trade Secret Dispute
drone startup
Drone Startup WingXpand: the Best of Multi-Rotor and Fixed Wing
Fledgling company’s drone combines best aspects of multi-rotor and fixed-wing craft By Jim Magill Commercial and military customers looking for a drone solution that combines the portability of a multi-rotor copter drone with the heavy-lift capability and long-range flight time of a fixed-wing aircraft might have found the answer they’re looking for with a new UAV built by … [Read more...] about Drone Startup WingXpand: the Best of Multi-Rotor and Fixed Wing
The Pentagon Just Upped its Investment in this MIT Grads Startup to Increase Fight Endurance for Military Drones
It may be the biggest development in engines in 85 years - and could have major impact on drone development. A revolutionary engine design first demonstrated on the back of a go-kart is now proving its case for powering military drones and other autonomous vehicles. The LiquidPiston design offers significant progress in expanding the range and endurance of … [Read more...] about The Pentagon Just Upped its Investment in this MIT Grads Startup to Increase Fight Endurance for Military Drones
Kittyhawk.io Raises $5 million: More Evidence Enterprise Adoption is a Good Bet
San Francisco-based Kittyhawk, the enterprise drone solutions company, today announced it raised $5M in funding, bringing the company’s total capital raised to $6.5M. "Kittyhawk raised the capital to further its capabilities as a full stack enterprise drone solution to empower a variety of industries already realizing value from commercial drone operations," says the … [Read more...] about Kittyhawk.io Raises $5 million: More Evidence Enterprise Adoption is a Good Bet
Matternet Scoops Up Big Funds for Delivery Drones
Drone manufacturer Matternet Inc. has scooped up nearly $9.5 million to fund their line of delivery drones. The SEC reports that the drone company based in Menlo Park, CA has raised almost $9.5 million out of a $11.5 million goal in a funding round that has attracted over 30 investors so far. Investors in previous rounds include Silicon Valley venture capital firm Andreeson … [Read more...] about Matternet Scoops Up Big Funds for Delivery Drones
