Sunday, May 28, 2023
HomeDroneinfiniDome funding $9M Collection A

infiniDome funding $9M Collection A

infiniDome Raises $9M in Collection A Spherical Led by Hanwha Aerospace

by DRONELIFE Workers Author Ian M. Crosby

Anti-jamming options supplier infiniDome has closed $9M in a Collection A funding spherical led by South Korea’s Hanwha Aerospace, alongside Honeywell Ventures and Subsequent Gear Ventures.

Proceed studying under, or hear:

This funding will help the deployment of infiniDome’s GPSdome2 to main protection forces comparable to US DoD, Israeli Protection prime, South Korean Military (ROK armed forces), and Indian armed forces. That is Honeywell Ventures’ third spherical of funding in infiniDome, with Subsequent Gear Ventures having supported the corporate since their Seed spherical. Going ahead, infiniDome intends to keep up its partnership with its strategic buyers by means of joint growth of devoted options and world industrial agreements.

“We see the good worth of Hanwha’s funding and partnership with infiniDome. The synergy of Hanwha’s huge community and management in APAC and worldwide, mixed with infiniDome’s revolutionary breakthrough and significant know-how and IP, ensures a powerful long run strategic relationship,” mentioned Korea Israel Innovation Heart Founder Jasmine Topor. “Korea Israel Innovation Heart (KIIC) is honored to have the ability to present its members with tailor-made tech scouting and entry to Israel’s revolutionary applied sciences. The synergies and partnership had been instantly clear to either side and the method was brief and environment friendly. We look ahead to persevering with creating worth to our members.”

“This strategic funding serves as a significant step to help our clients in leveraging rising applied sciences throughout a large spectrum of platforms, together with industrial and navy drones,” mentioned Kwangjin Kim, Senior Vice President, Navigation System Enterprise Group at Hanwha Aerospace. “We look ahead to constructing superior capabilities that may maintain our clients forward of recent threats and challenges.”

Based in 2016 by Omer Sharar (CEO), Moshe Kaplan (CTO), and Ehud Sharar (President and VP Manufacturing), infiniDome creates GPS safety and resilient navigation options made to guard UAVs and automobiles from jamming assaults. Presently innovating on GPS safety for UAVs for protection/HLS, the corporate might be increasing to supply drone safety. Having just lately grown to 26 staff, infiniDome’s workforce leads the way in which within the fields of GNSS, RF, EW and UAV applied sciences. The corporate was just lately acknowledged by AUVSI as finalists for the AUVSI XCELLENCE Awards within the Know-how class for its GPSdome2 – granting excessive finish safety for small to medium platforms. infiniDome’s superior GPS system safety options assure dependable ongoing positioning and navigation knowledge, even inside closely challenged GNSS environments. Alongside their strategic companions, infiniDome is creating options that mix knowledge from a number of sensors comparable to anti-jamming modules, INS, radar applied sciences, GPS integrity and assault monitoring instruments, leading to a full navigation resiliency resolution for each protection and industrial shoppers.

Orbiting at 20,000km above the earth’s floor, GPS indicators are exceedingly weak and susceptible to jamming. Each manned floor automobiles and unmanned automobiles comparable to UAV, UGV, and USV are closely reliant on GPS for monitoring pleasant forces, navigation, and autonomous flight. As such, GPS jamming assaults pose a serious danger to each operation and security. With GPS jammers turning into more and more accessible, integration of anti-jamming options is proving extra essential than ever. infiniDome’s market-leading anti-jamming options fulfill strict C-SWaP (Value, Dimension, Weight, and Energy) limitations for cell property comparable to UAS/UAV the place dimension, weight, and energy are are of main significance, leading to a serious benefit over massive, heavy, and costly anti-jamming methods.

“Honeywell congratulates infiniDome on efficiently closing its latest collection A funding spherical,” mentioned Matt Picchetti, VP of Navigation and Sensors at Honeywell Aerospace. “Honeywell has been an early investor in infiniDome and we’ve got developed a powerful partnership by means of our co-development of resilient Navigation options. These merchandise allow UAV operators to perform their missions when GNSS is unavailable and we look ahead to increasing this partnership to allow GNSS resiliency throughout a broader set of use circumstances.”

“Though the protection market had been executing BVLOS and even autonomous UAV missions for fairly a while, we see the demand for smaller, gentle, cheaper UAVs improve from 12 months to 12 months,” mentioned Omer Sharar. “Along with our companions Honeywell and now with Hanwha as effectively, we plan to disrupt this $4B anti-jamming market, by offering options tailor-made to reply the rising demand in its largest and quickest rising segments – Class 1-3 UAVs and big automobiles fleets.” Omer concludes by mentioning that the most important ache level in the present day is in protection – executing GPS-dependent missions – however the quickly rising industrial UAV market (estimated at $30B by 2030) is ready across the nook and would require no less than the identical degree of safety, primarily to allow secure integration within the civilian ecosystem.

infiniDome Funding

In whole, infiniDome has raised $7M thus far, along with $1.5M from the Israel Innovation Authority. The extra funds and help from buyers comparable to VentureIsrael, Kyto, Aston Companions, and Pointman I on this spherical will permit infiniDome to deploy GPSdome2, in addition to design resilient navigation options made to fulfill future AAM (Superior Aerial Mobility) necessities, in addition to help in advancing industrial rules and bettering the security and safety of vital operations worldwide.

Learn extra:

Ian attended Dominican College of California, the place he acquired a BA in English in 2019. With a lifelong ardour for writing and storytelling and a eager curiosity in know-how, he’s now contributing to DroneLife as a employees author.




Please enter your comment!
Please enter your name here

Most Popular

Recent Comments