Vantage Robotics, a San Francisco, CA-based provider of advanced drone and enabling technologies to collect and analyze data for military and national security agencies, received an investment from Veteran Ventures Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Vantage Robotics designs, builds, and sells UAVs and enabling technology that support national security, aid public safety, and maintain critical infrastructure. The company has been awarded over $20m in research and development (R&D) contracts from the U.S. Department of Defense, including the Defense Innovation Unit, U.S. Army, and the U.S. Air Force. Vantage has also been selected by the U.S. Army to develop the next generation nano drone, competing for the $100M Soldier Borne Sensor production contract. Its nano drone offers a palm-sized unmanned aerial system and situational awareness tool, providing soldiers an organic “quick look” capability for near-time video feeds of larger, complex, and restrictive environments during day, night, and reduced visibility conditions. This capability is intended to be deployed at the level of the Army’s 7,000 squads. Other national security agencies have expressed early interest in this innovative platform as well.
FinSMEs
08/05/2023