New York's Governor Andrew Cuomo has announced his state's partnership between NASA and the Northeast UAS Airspace Integrations Research Alliance, and the $30 million investment NY has made in the development of a 50-mile drone corridor and new drone testing facility. The investment is the latest New York has made to bring the drone industry into the central part of the … [Read more...] about New York’s 50 Mile Drone Corridor Shows Heavy Investment in Industry
Drone Startups
Follow the Money: New Report Tracks Top 10 in Drone Funding
Funding rounds for drone companies have gotten bigger and bigger as the industry matures. A new report from CB Insights names the industry's top 10 funding deals since 2012. Some of the top recipient companies offer no surprise - DJI takes the #1 (and ties for number 9) spot at $105M; competitor Yuneec takes #2 for a round led by Silicon Valley giant Intel. But those who … [Read more...] about Follow the Money: New Report Tracks Top 10 in Drone Funding
Genius NY Seeks New Drone Empires for the Empire State
Genius NY is offering a million dollars to the right drone startup. GENIUS NY is "an in-residence business accelerator program at CenterState CEO's Tech Garden in Syracuse, New York." The oldest and most well-known incubator in Upstate New York, the Tech Garden supplies space and support to over 70 technology members. Funded with $5 million from NYS Empire State Development … [Read more...] about Genius NY Seeks New Drone Empires for the Empire State
“Drone as a Service” Company Measure Raises $15 million
Measure, the nation’s leading Drone as a Service® operator, announced today that it has raised $15 million in Series B financing with LionTree Advisors acting as the financial advisor. Cognizant Technology Solutions joined the company's original investors. Measure has an innovative business model: it has created anational network of licensed pilots who "provide turnkey … [Read more...] about “Drone as a Service” Company Measure Raises $15 million
DroneDeploy Announces New Financing, New Plans [Interview]
DroneDeploy, the leading cloud software platform for commercial drones, announced today that they have raised $20 million in Series B financing led by Scale Venture Partners. The new investment brings DroneDeploy's total funding to $31 million. DRONELIFE spoke with DroneDeploy CEO Mike Winn and SVP of Marketing Darr Gerscovich about DroneDeploy's explosive growth, the … [Read more...] about DroneDeploy Announces New Financing, New Plans [Interview]
