$9M in funding for the infiniDome Series A
infiniDome Raises $9M in Collection A Tour led by Hanwha Aerospace
By DRONELIFE Employees Author Ian M. Crosby
Anti-jamming options supplier endless dome It has closed $9 million in a Collection A funding spherical led by South Korea’s Hanwha Aerospace, together with Honeywell Ventures and Subsequent Gear Ventures.
Learn on or pay attention beneath:
This funding will assist the deployment of infiniDome’s GPSdome2 to main protection forces such because the US Division of Protection, the Israeli Ministry of Protection, the South Korean Military (ROK armed forces) and the Indian armed forces. That is Honeywell Ventures’ third spherical of funding in infiniDome, and Subsequent Gear Ventures has supported it because the Seed spherical. Going ahead, infiniDome goals to proceed its partnership with its strategic buyers by way of the joint growth of tailor-made options and world industrial offers.
“We see the good worth of Hanwha’s funding and partnership with infiniDome. The synergy of Hanwha’s in depth community and management mixed with infiniDome’s modern breakthrough and important expertise and IP ensures a powerful long-term strategic relationship, stated Jasmine Topor, Founding father of the Korea Israel Innovation Middle. “The Korea Israel Innovation Middle (KIIC) is honored to have the ability to present its members with unique expertise discovery and entry to Israel’s modern applied sciences. The synergies and partnership have been instantly clear to each events and the method was quick and environment friendly. We stay up for persevering with to create worth for our members.”
“This strategic funding serves as a significant step to assist our prospects in leveraging rising applied sciences throughout a variety of platforms, together with industrial and navy drones,” stated Kwangjin Kim, Senior Vice President, Hanwha Aerospace Navigation System Enterprise Group. “We stay up for growing superior capabilities that may hold our prospects one step forward within the face of latest threats and challenges.”
Based in 2016 by Omer Sharar (CEO), Moshe Kaplan (CTO), and Ehud Sharar (President and Vice President), infiniDome creates GPS safety and resilient navigation options constructed to guard UAVs and automobiles from jamming assaults. At the moment innovating in GPS safety for UAVs for protection/HLS, the corporate will broaden into supply drone safety. The infiniDome workforce, which has lately reached 26 staff, is a frontrunner in GNSS, RF, EW and UAV applied sciences. The corporate was lately acknowledged as a finalist by AUVSI. AUVSI XCELLENCE Awards Expertise class for GPSdome2 – offering excessive degree safety for small and medium platforms. infiniDome’s superior GPS system safety options assure dependable steady positioning and navigation knowledge even in harsh GNSS environments. Alongside its strategic companions, infiniDome develops options that present a whole navigation flexibility resolution for each protection and industrial prospects by combining knowledge from a number of sensors equivalent to anti-jamming modules, INS, radar applied sciences, GPS integrity and intrusion monitoring instruments.
GPS indicators orbiting 20,000 km above the Earth’s floor are extraordinarily weak and susceptible to interference. Each manned floor automobiles and unmanned automobiles equivalent to UAV, UGV and USV rely closely on GPS to observe pleasant forces, navigation and autonomous flight. Subsequently, GPS jamming assaults pose an amazing danger to each operation and safety. With GPS jammers changing into increasingly more widespread, the combination of anti-interference options turns into extra vital than ever. infiniDome’s market-leading anti-interference options meet stringent C-SWaP (Value, Measurement, Weight and Energy) limitations for cellular belongings equivalent to UAS/UAV the place dimension, weight and energy are paramount, offering an enormous benefit in massive, heavy and costly anti-jamming techniques.
“Honeywell congratulates infiniDome for efficiently closing its newest Collection A funding spherical,” stated Matt Picchetti, Vice President, Navigation and Sensors, Honeywell Aerospace. “Honeywell was one of many first buyers in infiniDome and now we have developed a powerful partnership by way of our co-development of versatile Navigation options. These merchandise allow UAV operators to carry out their duties when GNSS will not be obtainable and we stay up for increasing this partnership to offer GNSS flexibility in a wider set of use circumstances. we’re ready.”
“Though the protection market has been conducting BVLOS and even autonomous UAV missions for some time, we see that the demand for smaller, lighter and cheaper UAVs is rising yr by yr,” stated Ömer Şarar. “Along with our companions Honeywell and now Hanwha, we plan to disrupt this $4 billion anti-interference market by providing options tailor-made to satisfy the rising demand in its largest and quickest rising segments (Class 1-3 UAVs and gigantic automobiles) fleets. ” Ömer concludes by saying that at this time’s largest ache level is on protection (executing GPS-dependent missions) however the quickly rising industrial UAV market (estimated at $30 billion by 2030) is simply across the nook and can want at the least the identical degree of safety. primarily to make sure safe integration into the civilian ecosystem.
up to now, infiniDome has raised a complete of $7 million along with $1.5 million from the Israel Innovation Basis. Extra funding and assist from buyers on this spherical together with VentureIsrael, Kyto, Aston Companions and Pointman I’ll enable infiniDome to deploy GPSdome2 in addition to design versatile navigation options made to satisfy future AAM (Superior Air Mobility) necessities. by serving to to advance commerce rules and enhance the security and safety of important operations worldwide.
Ian attended the Dominican College of California the place he earned a BA in English in 2019. With a lifelong ardour for writing and storytelling and a powerful curiosity in expertise, he now contributes to DroneLife as a workers author.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, an expert drone providers market, and is a fascinated observer of the rising drone trade and the regulatory panorama for drones. Miriam has authored greater than 3,000 articles specializing in the industrial drone house and is a global speaker and trade acknowledged identify. Miriam has a level from the College of Chicago and over 20 years of expertise in high-tech gross sales and advertising and marketing for brand spanking new applied sciences.
E mail Miriam for drone trade consulting or writing.
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