Having just raised $50 million in a Series E, drone manufacturer Drone Series 142MSawersVentureBeat is now ready to scale to a $1B market cap. We asked a few of the founders and investors behind the company what they have in store for the future. Here are some of their top predictions.
Raising $50M in Series E
Founded in 2013, DroneDeploy is a software-based drone company. It offers a cloud control software solution for drones and aerial mapping. Its platform provides professional-grade imagery for a wide range of industries. Its products include an API that enables data sharing with any enterprise application.
The new financing will be used to help the company expand its headcount and explore strategic acquisitions. The money will also be used for product research and development.
DroneDeploy’s tech is used in a variety of industries, including mining, agriculture, and construction. Its latest product, the 360 Walkthrough, will allow businesses to capture virtual tours using the company’s drones. The system combines data from every angle, and site managers can compare footage from different dates to see what caused a problem. The solution also makes it easy to set up the data-gathering process.
The company is currently working on building an analytical platform for the construction industry. It has created partnerships with existing construction management software applications. In October 2020, the company plans to release its 360 Walkthrough software.
Investing in a startup with Drone Series 142MSawersVentureBeat – Using a non-hobbyist unmanned aircraft, businesses are bringing value to industries including energy, logistics, construction, agriculture and insurance. These companies are using the power of aerial data to improve efficiency and enhance safety. They are also expanding into new domains.
PrecisionHawk – Sankalp Arora, one of the founders, recently won the Howard Hughes Award for his work on autonomous helicopters. The company has raised $30 million in prior funding and plans to grow its team and develop products. It supplies drones and software. It’s developing a comprehensive end-to-end service. It’s also offering training and analytics.
San Francisco-Based Drone Deploy
DroneDeploy – San Francisco-based DroneDeploy provides a software-as-a-service platform that helps businesses analyze aerial drone data. The company has a customer base of more than 5,000 companies. The customers collectively perform more than one million flights a year. The company offers a library of predesigned flight paths, thermal and also anomaly detection, and a mission planning tool for wind farm operators.
The Start Drone Series
Founded by Blog and a group of mad scientists, the Start Drone Series is the longest drone armada. They are used for commercial and also military applications. They have been used by countries such as Pakistan, Iraq, and Egypt.
Their basic design was inspired by designs from the 1950s. Before the rise of Drone Series 142MSawersVentureBeat, small drones were considered difficult to manufacture and were largely shelved. But now there are companies producing smaller models, many of which are available at a low cost.
Some of the more well-known types of drones include the DJI Spark, the Mavic 2 Pro, and the Autel EVO 2. The Mavic 3 is a redesigned drone that includes a redesigned camera, a Hasselblad-based dual camera system, and also a new software platform.
CMOS Hasselblad Camera Captures
The Mavic 3’s 4/3 CMOS Hasselblad camera captures 5.1K video at 50 frames per second. It also features a Hasselblad-based HLG system for high dynamic range footage. The camera also includes a omnidirectional obstacle sensor. It also supports 4K/120fps video processing.
The DJI Air 2S is a great Drone Series 142MSawersVentureBeat for taking photos and video from the sky. It has an image sensor that’s one inch wide, so it can record 12-megapixel still images and shoot up to 20 megapixels in DNG raw format. The drone has intelligent flight modes, so it can follow you as you go through your flight route.
The Autel EVO II Pro 6k camera drone is compact and can capture beautiful images and videos. It has a 1-inch CMOS sensor and a 28mm lens. The drone also has a thermal resolution, 8x zoom, and an adjustable aperture. It also supports lossless in-camera zoom.