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drone technology

drone technology

PrecisionHawk Announces $32M Investment to Develop Software, Fuel Market Expansion

PrecisionHawk Announces $32M Investment to Develop Software, Fuel Market Expansion

Raleigh-based drone technology provider PrecisionHawk today announced a $32 million investment from a variety of investors, including Millennium Technology Value Partners, Third Point Ventures, Eastward Capital Partners, and others. The company plans to use the financing to further market expansion and jumpstart sales initiatives. PrecisionHawk will also use the

Xeo Air

The Hot New Gig Economy Job? This Entrepreneur Wants to Train You to Fly Drones

Today, Uber announced that it would soon begin testing drone delivery on its Uber Eats platform in San Diego. Last week, Amazon executive Jeff Wilke revealed the company’s new Prime Air drone design, saying the company projects “delivering packages via drone to customers within months.” And it’s not

HumBuzz Turns Boeing Competition Into High-Flying Personal Aircraft Startup

HumBuzz Turns Boeing Competition Into High-Flying Personal Aircraft Startup

A vision of the future often involves replacing cumbersome, slow cars with personal flying machines that let us quickly fly to work and on errands. That vision was the inspiration behind air giant Boeing's latest $2 million GoFly competition, which launched in 2017 to attract students, would-be

airbus aerial

Airbus Aerial Takes to the Skies to Aid Hurricane Michael Disaster Efforts

Hurricane Michael made landfall today as a Category 4 storm with up to 150 miles per hour winds. It's being called the third-strongest storm to ever hit the U.S. To help alleviate the after-effects of this weather monster, the team behind Atlanta-based drone company

Drone Tech Company PrecisionHawk Looks to Take On the Energy Sector With Double Acquisition

Drone Tech Company PrecisionHawk Looks to Take On the Energy Sector With Double Acquisition

Commercial drone technology platform PrecisionHawk has acquired two companies to further expand its footprint in the energy sector. The two new additions to the Raleigh-based company's portfolio include Virginia-headquartered HAZON, which focuses on drone technology for utilities, and California-based InspecTools, which makes machine vision software

How Drones Can Help Get Internet to Rural Areas

How Drones Can Help Get Internet to Rural Areas

Internet use in rural areas rose to 61 percent (from 2 percent) between 2000 and 2015, according to the U.S. Census Bureau. But recent reports show that overall infrastructural expansion has slowed down due to lack of funding. One big challenge associated with installation is the time frame needed

European Mapping Drone Startup senseFly Flies South With New North American HQ

European Mapping Drone Startup senseFly Flies South With New North American HQ

Drone solutions startup senseFly has moved its North American headquarters from Washington D.C. down to Raleigh, North Carolina. The commercial drone subsidiary of Paris-based drone company Parrot Group, the startup provides 360-degree aerial mapping solutions and drone hardware to surveying, agriculture, engineering and humanitarian aid professionals. "