North East based property and investment business, Adderstone Group, has invested a seven-figure sum into OpenWorks Engineering, an award-winning, hi-tech product company which is developing world-leading security and counter-terrorism products.
OpenWorks, which operates from premises in Stocksfield, Northumberland, has developed a unique and innovative drone capture system named SkyWall, which is already being used across the globe by a number of government authorities, militaries and private security organisations to provide close protection to the likes of airports, major infrastructure and even world leaders at summits.
Specialist drone manufacturer, SKYCORP, has successfully doubled the maximum flight times of e-Drone Zero, Europe’s first hydrogen powered drone, to two hours, by using a new, ultra-lightweight gas cylinder from AMS Composite Cylinders.
AUSTIN, TX — Applied Aeronautics, the affordable commercial drone manufacturer, today announced their Albatross UAV complies with the latest Transport Canada regulations for advanced drone operations in controlled airspace, as well as operations near people and operations over people. This certification will allow Canadian customers to operate the long-range Albatross UAV as of June 1, when Transport Canada’s new framework for civilian drone operations takes effect across the country.
The commercial use of drones is no longer such a novel concept. In recent years, several industries have adopted drone technology for a diverse variety of applications. To provide just one example, real estate professionals use them for aerial photography and videos, allowing for an extensive view of a property.
New IMGING app updates bring innovative possibilities for claims adjusting and roofing
PLEASANT GROVE, Utah, March 27, 2019 /PRNewswire/ — Loveland Innovations, maker of advanced data gathering and AI analysis solutions, added ground-breaking enhancements to its inspection platform, IMGING®. These enhancements include drone-based on-site measurements, AI and deep learning-powered damage detection for commercial roofs, and other powerful updates.
$7M Series A Led by Peter Rive, True Ventures and David Sacks’ Craft Ventures
SAN FRANCISCO, March 28, 2019 /PRNewswire/ — Ocean data startup Spoondrift and OpenROV, maker of underwater drones, today announced they have merged to form Sofar Ocean Technologies. In tandem with the merger, Sofar announced a $7 million Series A financing round led by Peter Rive (SolarCity founder and CTO), with participation from True Ventures and David Sacks’ Craft Ventures. Peter Rive will be joining as chairman and taking an active role in the company.
The eVTOL aircraft market is estimated to be USD 162 million in 2025 and is projected to reach USD 411 million by 2030, at a CAGR of 20.42% during the forecast period. The demand for enhanced efficiency & human safety and increasing investment activities are expected to drive the market. However, the limited reliability of eVTOLs during transportation and the inability to predict the external environment are expected to hinder the market.
BEAUMONT, Texas, March 27, 2019 /PRNewswire/ — Infrared Cameras Inc. (ICI) is releasing a line of multi-sensor payloads specifically designed for the unmanned aerial inspection market. Working closely over the past few years with many industry leaders, ICI has developed the equipment and methods for efficiently inspecting critical assets via unmanned aerial vehicles (UAVs). These industries include petrochemical (upstream, midstream and downstream), power distribution, alternative energy, and infrastructure.
Kespry Announces Mining, Aggregates, Insurance, and Inspection Enterprise Growth, and New Strategic Funding to Enhance AI-Augmented Aerial Intelligence Platform
Salesforce Ventures invests in Kespry to enhance end-to-end digital experience for insurance clients and their customers
MENLO PARK, Calif., March 27, 2019 /PRNewswire/ — Kespry, the leading drone-based aerial intelligence solution provider, today announced significant growth across the mining, aggregates, insurance, and inspection industries, which continue adopting its technology at a rapid pace. Kespry is now used by more than 210 of America’s mining and aggregates firms, including 43 new companies in the last 12 months. The company’s platform is also seeing widespread use across Fortune 50 and Fortune 500 insurance companies. In addition, XAP 360, the leading commercial property assessment and inspection company, has standardized on Kespry across its operations. Recently, Kespry also launched a new enterprise relationship with DJI to further expand its drone portfolio.
DJI, the world’s leader in civilian drones and aerial imaging technology, is pleased to declare that nine of its drone models comply with the latest Transport Canada regulations for advanced drone operations in controlled airspace. This allows DJI customers to continue using their preferred drones in these operations after June 1, when Transport Canada’s new regulatory framework for civilian drone operations takes effect across Canada.
“Transport Canada wants to ensure that drones operated in advanced missions are high-quality, reliable products. While DJI drones meet our own high quality assurance requirements, we have spent the last few months diligently reviewing our documentation, safety standards and administrative processes to ensure they comply with Transport Canada’s new requirements,” said David Hansell, DJI Public Policy Manager. “We can now declare official compliance with those requirements, allowing our customers to use our drones in controlled airspace without interruption.”