U.S. Sen. Jim Risch, R-Idaho, who serves as chairman of the Senate Committee on Small Business and Entrepreneurship, has named drone company xCraft Enterprises LLC “Small Business of the Month” for January 2017. Based in Coeur d’Alene, Idaho, xCraft was [Read More]
PrecisionHawk, a provider of advanced commercial drone technologies, has appointed a new CEO: Michael Chasen, co-founder and former CEO of education technology platform company Blackboard. According to PrecisionHawk, Chasen brings more than 20 years of software experience to the company. [Read More]
Neurala, a Boston-based software company that focuses on making robots, drones, consumer electronics, toys and smart devices more intelligent, has closed $14 million in Series A funding. The round was led by Pelion Venture Partners and included participation from Sherpa [Read More]
Velodyne LiDAR Inc., a provider of light, detection and ranging (LiDAR) technology, has opened up a new “megafactory” that the company says will significant ramp up production of its 3D LiDAR sensors, including for unmanned aerial vehicles (UAVs). Located in [Read More]
Measure, a Washington, D.C.-based Drone as a Service company, has raised $15 million in Series B financing led by Cognizant Technology Solutions. LionTree Advisors acted as financial advisor for the investment. Measure and its national network of licensed pilots provide turnkey [Read More]
A suit representing “the people of the state of California” alleges that Lily Robotics Inc. conducted “unlawful business practices” and used false advertising in a promotional video for its Lily Camera drone.
Kespry, an aerial intelligence platform provider based in Menlo Park, Calif., has announced an executive shakeup: George Mathew, formerly with self-service analytics software provider Alteryx, is now the company’s chairman and CEO. Mathew, who was most recently president and chief [Read More]
Dedrone, developer of the DroneTracker, a platform for the detection of civilian unmanned aircraft systems (UAS), has secured a seven-figure investment from Silicon Valley investors. Investing in the San Francisco-based start-up are Dominic Orr, CEO of Aruba Networks; Selina Lo, [Read More]