Microsoft, Airbus climb aboard drones software firm AirMap

June 22, 2023
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AirMap, a begin-up that has become the arena’s pinnacle provider of the air visitors management software program for drones, is raising $26 million in new financing from a set of industry buyers led by Microsoft’s challenge capital funding arm.

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Software firm AirMap

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The group, led by Microsoft Ventures, additionally consists of the task capital unit of aerospace large Airbus, chipmaker Qualcomm, Jap tech companies Rakuten and Sony, and China’s Yuneec, a top drone maker.

AirMap stated it offers real-time site visitor control services for eighty percent of all drones, including thousands and thousands of robot aircraft from loads of producers, permitting drones and their controllers to proportion records had to fly competently at low altitudes.

The business enterprise was founded handiest years ago. Its software works on piloted and self-reliant drones in commercial and leisure applications.

The new spherical financing will permit AirMap to expand into markets worldwide while establishing workplaces in Berlin and NASA Ames Studies Middle in Silicon Valley. Headquartered in Santa Monica, California, the company now has 50 employees.

“This round is all approximately finding a fixed of companions to assist us to globalize,” AirMap Chief Govt Ben Marcus said in an interview.

Existing traders Preferred Catalyst partners and Lux Capital also took element inside the round, bringing AirMap’s total investment to more than $43 million since its founding in early 2015.

Marcus, who formerly co-based get Aviva, one of the largest U.S. brokers for small business jets, also serves as the industry co-chair for the U.S. Federal Aviation Management’s Unmanned Aircraft Safety Team, which works with the air industry.

Computer Software

AirMap’s records and services are already embedded in drones, ground control stations, and flight apps from pinnacle drone makers, which include China’s DJI, U.S. Chipmaker Intel, Switzerland’s sense, a unit of Parrot SA, U.S.-based 3-d Robotics (3DR), and Canada’s Aeryon Labs.

More than 125 airports use AirMap’s management dashboard to open the surrounding airspace to drones, view past and cutting-edge drone flights, music virtual flight notices, and speak with drone operators.

N a statement, Microsoft Ventures said its investment would permit AirMap to use Microsoft’s assets, software program, and synthetic intelligence tools as Microsoft seeks to get worried inside the burgeoning drone aviation market.

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Airmap Android

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