Investment

Investment

Delta Regional Authority awards ULM professor $90,000 grant to teach people how to operate UAS

In an effort to meet the growing demand of using UAS for commercial and practical applications, the Delta Regional Authority (DRA) has created the program, “Workforce Development: Training the Trainer Using Unmanned Aerial Systems.” Through the program, DRA recently awarded a $90,000 grant to Sean Chenoweth, associate professor of geosciences at the University of Louisiana Monroe (ULM), to teach people in northeast Louisiana how to operate a UAS. Once those people are trained UAS operators, they can go out and train others.
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Forestay Capital acquires capital in Swiss navigation technology company BlueBotics

Forestay Capital Ltd has acquired capital in BlueBotics, a Swiss navigation technology company, to help facilitate international expansion. Forestay Capital is the Bertarelli closed-end tech fund that launched earlier this year. Based in St-Sulpice, Switzerland, BlueBotics develops and sells navigation technologies for industrial vehicle automation. The company’s ANT product line has been installed in more than 1,000 vehicles across the world, as it addresses the needs of various industry verticals, including material handling, hospital logistics, and cleaning.

Greenville Police Department investing in UAS thanks to federal grant

By Spring 2019, Greenville, South Carolina’s Police Department will have UAS technology as part of its operations. According to Police Chief Ken Miller, the department can invest in the technology thanks to receiving a federal grant. “Our intentional use is to purchase some sort of unmanned aircraft systems,” Miller says via WSPA-TV. UAS have been used in the state to survey the flooding caused by Hurricane Florence. Miller says that there is no shortage of ways to utilize this technology.   “There are many departments in the city that have interest in this technology,” Miller says.
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Weekend Roundup

This Week in the Unmanned Systems and Robotics World K2 Unmanned Systems is now providing tethered drone technologies for its UAS. The company is working with Elistair, a France-based tether manufacturer, to develop this technology. (K2 Unmanned Systems) TuSimple is bringing 200 new autonomous semi-trucks to Tucson, Arizona. The company is also expanding its location in Tucson, as it plans on doubling its warehouse size next year. (Tucson Local Media)

Oxbotica's latest investment will support the 'next stage of its growth strategy'

Autonomous vehicle software company Oxbotica has announced the completion of a £14 million (more than $18.5 million USD) investment, which will be used to support the “next stage of its growth strategy,” the company says. According to Oxbotica, the investment will be used to further accelerate its sustained growth, which has already seen it generate “significant” revenues, the company says, from an international customer base. Some of the company’s customers include well-known businesses in sectors such as aerospace, automotive, construction, logistics and mining.
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Weekend Roundup

This Week in the Unmanned Systems and Robotics World U.S. law firm Fisher Phillips has launched its Autonomous Vehicles Practice Group, which will seek to help guide employers through emerging workplace issues that could begin as a result of the rapid advancements in autonomous vehicle technology. According to Fisher Phillips, the Autonomous Vehicles Practice Group is the “first practice group of its kind among the nation’s leading labor and employment law firms representing employers that will focus entirely on the technology’s impact on the workplace and workforce.” (Fisher Phillips)
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Impossible Aerospace raises $9.4 million in Series A funding and unveils US-1 UAS

Impossible Aerospace, a company that is building long-range electric aircraft, has raised $9.4 million in a Series A funding round, bringing the total amount raised by the company thus far to more than $11 million.  In addition to this funding, Impossible Aerospace has also unveiled its US-1 UAS, which is an electric commercial-grade drone with a flight time of up to two hours. According to Impossible Aerospace, the US-1’s battery life outperforms the approximate single-charge flight time of other UAS available today—25 minutes—and “brings it to parity with gasoline-fueled systems,” the company says.

NUAIR Alliance partners with Unifly to provide enhanced UTM capabilities

The Northeast UAS Airspace Integration Research Alliance (NUAIR Alliance) and Griffiss International Airport have partnered with Unifly to provide enhanced unmanned traffic management (UTM) capabilities for the New York UAS Test Site's 50-mile UTM Corridor currently being constructed. Once it establishes a presence in Central New York, Unifly will deploy its software platform and support traffic management testing. Working with NUAIR, Unifly will enable enhancements to test beyond visual line of site (BVLOS) systems. The ultimate goal is to safely integrate UAS into the nation’s airspace.

County of Cape May, New Jersey awarded $3 million grant to build UAS facility

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding the County of Cape May, New Jersey a $3 million grant to help build a 20,000 square foot multi-tenant building. The facility, which will be located within the Cape May County Airport, will help fulfill the needs of companies in the UAS industry. “Building the new ‘tech village’ right at Cape May County Airport will not only immediately create good-paying jobs, the final training facility will empower entrepreneurs and businesses in the fast-growing field of unmanned aerial vehicles,” says New Jersey Senator Bob Menendez.

Gecko Robotics seeks to save lives at power plants with its wall-climbing robots

Via TechCrunch, Pittsburgh, Pennsylvania-based Gecko Robotics, which is developing wall-climbing robots to help save lives at power plants in the United States, has announced that it has secured $7 million from a group that includes Founders Fund, Dallas Mavericks’ owner Mark Cuban, and Y Combinator. Gecko Robotics’ robots are considered “an important part of ensuring safety in industrial and power plant facilities,” being that they can go ahead of humans to check for potential hazards.

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