Aeronyde Inks Funding to Build Infrastructure for UAV Fleet Management
Melbourne, Fla.-based Aeronyde has announced $4.7 million in seed financing to further develop its end-to-end infrastructure for autonomous unmanned aerial vehicles (UAVs).
Aeronyde says it integrates artificial intelligence and augmented reality into a full-service system for the safe and secure operation of drones. The new investment was led by Korean electronics manufacturing giant JASTech Co. Ltd., and Aeronyde is applying the strategic investment to the development of hardware and systems software for autonomous fleet management.
“In the 21st century, drones will shape global transportation and distribution and redefine the urban landscape; however, we’re not there yet,” says Edgar Muñoz, CEO of Aeronyde. “Adoption of UAV platforms depends wholeheartedly on the public’s acceptance of the technology. As an industry, we must ensure public safety is addressed prior to the commercial unmanned aerial system industry boom. This is what Aeronyde is working on.”
Through data collection and partnerships – including with IBM Watson, iSENSYS and Unifly – Aeronyde aims to deliver a turnkey UAV service for emergency responders, disaster relief, and commercial transportation and logistics in urban areas.
“The market is growing rapidly as more countries are looking at developing UAS regulations. We are excited to invest in Aeronyde, a leader in this revolution, as they innovate UAS technology,” says Jason Chung, chairman of JASTech. “Aeronyde is helping to build the future of autonomous aerial systems with software and hardware that ensure the responsible management of drones in urban environments.”