Sydney-based drone mapping startup Propeller Aero gets $3.1 million investment from Silicon Valley firms. Now, Propeller Aero plans to upgrade their research and development team.
Silicon Valley VCs raise millions for an Aussie drone mapping startup
In 2014 Rory San Miguel and Francis Vierboom made a bet that not all drone companies would actually need to fly drones, and it seems to be paying off.
On Wednesday their company Propeller Aero, which transforms data captured by drones into survey-grade 3D maps for mining and construction sites, announced it had raised a $3.1 million (A$4 million) funding round.
As well as local venture capital firm Blackbird Ventures, U.S. players Accel Partners and Costanoa Venture Capital have also... Read more at Mashable
AeroPoints provides technology and solutions for accuracy and efficiency of commercial drones. This will help drone users to perform more accurate mapping and surveying.
Propeller’s game-changing ‘AeroPoints’ simplify aerial surveying
Aerial surveys by Remotely Piloted Aircraft Systems (RPAS, or drones) have been generating a lot of attention in surveying and mapping circles due to a potential revolution in productivity. However, one of the limiting factors to date has been the need to accurately determine ground controls points (GCPs) to spatially define the location of captured data.
To overcome this, Sydney-based Propeller Aero have created the first complete workflow with the release of their new AeroPoints ground control point system, which automatically... Read more at SpatialSource
Silicon Valley Firms Invests $3.1M to Drone Mapping Startup Read more on: Greg Miksell LLC
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