Spectrabotics LLC, a Colorado Springs, Colo.-based start-up that aims to revolutionize precision agriculture with small unmanned aerial systems (UAS), has received a grant from the Colorado Office of Economic Development and International Trade (OEDIT).
Through its Advanced Industry Accelerator (AIA) Grant Program, the OEDIT awarded a total of over $1.77 million in both proof-of-concept and early-stage capital and retention grants to support Colorado’s advanced industries.
Spectrabotics was awarded $50,000 through an early-stage capital and retention grant. According to the OEDIT, these grants fund companies commercializing innovative technologies to create viable products that meet a market need and that can be created or manufactured in Colorado and exported globally.
Spectrabotics posted on Facebook that this is a “huge win” for the company. It plans to use the grant money on “drones and sensors and cloud computing for [its] precision agriculture venture.”
“Work with emerging sensors and unmanned aerial platforms is progressing as technology improves,” the company writes on its website. “We are part of a driving force that is guiding industry to develop better sensors and exploitation methods.”