Airspace Systems, Inc., a San Francisco, CA-based manufacturer of comprehensive drone defense systems, raised $20m in Series A funding.
The round was led by Singtel Innov8, the venture capital arm of Singtel, with participation from s28 Capital and previous investors Shasta Ventures and Granite Hill Capital Partners. As part of its investment, Jeff Karras, Managing Director of Investments at Singtel Innov8, will join Airspace’s board of directors.
The company will use the funding to produce the Airspace Command Center (AC2), a comprehensive drone defense system, at scale and expand its Silicon Valley-based machine vision, autonomous navigation and embedded systems teams.
Led by CEO Jaz Banga, Airspace Systems is the creator of a comprehensive autonomous system harnessing artificial intelligence, machine vision and deep-learning neural networks to defend against the most complex drone threats faced by public event venues, military personnel and law enforcement agencies.
The Mobile Airspace Command Center(MAC2), the company’s latest solution, identifies potential threats in the sky and when a rogue drone is spotted, it deploys a variety of countermeasures including the Airspace Interceptor™, which autonomously navigates and reacts to a rogue drone’s every move and then safely captures and removes enemy drones to avoid collateral damage.
Airspace Systems currently has a 30 person team.
FinSMEs
14/03/2018