Airobotics News
36 articles
growth-positive
Ondas completes $15.2m acquisition of Israeli drone company Airobotics
Ondas Holdings has completed the acquisition of Airobotics, an Israeli drone system and platform developer, in a merger acquisition deal worth $15.2 million. The new drone unit will be combined with American Robotics, which was acquired by Ondas Holdings for $70.6 million last year. The combined solution will offer unmanned autonomous vehicles (UAV) to utility and industrial markets. Ondas Holdings targets mission-critical users in sectors such as railway, aviation, energy, and oil and gas. The company will be dual listed on the Nasdaq and the Tel Aviv Stock Exchange starting January 26.
Acquisition
growth-positive
Ondas Holdings Provides Update on Definitive Merger Agreement to Acquire Airobotics
Ondas Holdings Inc. has received approval from shareholders to acquire Airobotics Ltd. The transaction is expected to close by the end of January 2023, making Airobotics a wholly owned subsidiary of Ondas. Additionally, Ondas has received approval for a dual listing on the Tel Aviv Stock Exchange. The company believes that the acquisition of Airobotics will be transformative for the drone industry and will allow them to target high growth opportunities. Airobotics Optimus System, combined with American Robotics Scout SystemTM, will strengthen Ondas position in the drone industry. The expanded installation of Urban Drone Infrastructure in Dubai demonstrates the maturity and reliability of Airobotics systems. Ondas plans to leverage Airobotics customer pipeline and expertise to deploy drones on a larger scale.
AcquisitionPublic Trading
growth-positive
AIROBOTICS DEPLOYING AUTOMATED URBAN DRONE INFRASTRUCTURE IN THE UAE
Airobotics has received an order from a UAE government entity for its Optimus Drone System. This order represents the first fleet deployment of autonomous drones in urban environments. The customer plans to deploy the Optimus Urban Drone Infrastructure city-wide over several years. Airobotics system is designed to operate as a network of smart drones linked to an urban control center, providing automated data solutions for security, rescue forces, law enforcement, and other municipal services. The company is also exploring drone parcel delivery and other smart city applications. Airobotics is active in the UAE and other countries and has plans to establish permanent infrastructure with other customers. The Optimus Urban Drone Infrastructure is expected to be widely deployed across the specific UAE city in the coming years.
CustomersPartners
growth-positive
Airobotics Ltd. to Acquire Iron-Drone Assets to Offer Counter-Drone Capabilities Via Its Optimus System
Airobotics, a leading provider of autonomous unmanned aircraft systems, announced its acquisition of Iron-Drone Ltd., a company specializing in the development of autonomous counter-drone systems. The integration of Iron-Drones technology with Airobotics Optimus Urban Drone Infrastructure will enhance the companys automated homeland security platform. Iron-Drones counter-drone system allows for the interception of hostile drones in areas where jamming means cannot be used. The acquisition will enable security and surveillance officers to neutralize threats while utilizing Optimus drones for monitoring and video surveillance. Airobotics operates in the United Arab Emirates and other countries and aims to establish an infrastructure network of autonomous drones for security, monitoring, and inspection applications.
Acquisition
N/A
Ondas Holdings to Acquire Airobotics - Israel Electronics News
The article discusses the data collection practices of Techtime, a company that collects personal and anonymous data for business purposes such as user experience enhancement and digital marketing. The company collects personal data through various forms on its website, including email addresses and names. Techtime ensures that all forms comply with GDPR requirements. The article also mentions the use of third-party providers for website operation and digital marketing campaigns. Techtime uses processors such as WP Engine, Cloudflare, Google Cloud Platform, Sucuri, Mailchimp, Google Analytics, Adwords, Webmasters, Facebook, and Planwize Ltd. The company retains user data indefinitely for comment moderation and provides users with the right to access, edit, or delete their personal information. Techtime also has procedures in place to handle data breaches and notifies affected users within 72 hours. Overall, the article focuses on data privacy and security practices of Techtime.
CustomersPartners
growth-positive
גוף אמירתי מקים צי של 20 רחפני איירובוטיקס - Techtime - חדשות אלקטרוניקה והייטק
Airobotics, a drone manufacturer, announced that a government body in the United Arab Emirates (UAE) will equip itself with two of the companys drone systems as part of a larger plan to acquire 20 systems by 2025. The drones will be used to create an urban infrastructure for autonomous drones, aimed at reducing response time for emergency services and implementing smart city applications. Airobotics drones are capable of autonomous navigation and precise location tracking. The company has also completed a successful project with a local government body in the UAE, where the drones performed complex missions autonomously for six months. Airobotics is currently undergoing the regulatory approval process in the US for full licensure.
CustomersExpand
growth-positive
Airobotics is proceeding towards Type Certification of its automated drone system after final airworthiness criteria was published by the FAA
AIROBOTICS, an Israeli manufacturer of autonomous Unmanned Aircraft (drones) and Aerial Data Platforms, is nearing completion of a type certification process after the FAA published airworthiness criteria for certification of its automated drone system. The criteria will allow AIROBOTICS to certify its highly automated drone system, paving the way for fully automated commercial drone flights over populated areas in the USA. The type certification process is considered innovative in the world of civil aviation. AIROBOTICS aims to make its vision of automated drone infrastructure within cities a reality. The company provides an end-to-end solution for automated data capture and analysis services.
CustomersPartners
growth-positive
Airobotics, Solar Drone Develop Unmanned System to Clean Solar Panels - Solar Industry
Airobotics, an Israeli manufacturer of autonomous unmanned aircraft and aerial data platforms, has signed an agreement with Solar Drone to develop and supply a solar panel cleaning drone system. The fully automated system will include a drone docking station for battery replacement and cleaning fluid replenishment. Airobotics and Solar Drone aim to create a new drone-based cleaning solution for solar farms, with projected sales of $10 million in the first three years in Israel, Europe, India, and the UAE. The entry of Airobotics drone technology is seen as a game changer in the market, with significant economic potential. The cleaning of solar panels is necessary to maintain their efficiency and power output.
PartnersCustomers
growth-positive
Airobotics in malaria eradication project in Africa
Airobotics has partnered with Zzap Malaria on a 12-month project in São Tomé and Príncipe to work towards eradicating malaria in Africa. Airobotics will provide aerial geographic data to Zzap Malarias AI-based software for locating standing water. The agreement includes a $40,000 monthly payment and a $300,000 advance payment to Airobotics. Zzap Malaria estimates the market for drones in malaria eradication to be worth $50 million annually by 2025. The agreement is contingent on Zzap Malaria raising at least $4.5 million in capital within six months.
PartnersInvestment
growth-negative
הצליחה בניסיון השני: איירובוטיקס גייסה מהציבור בת"א 21 מיליון שקל
Airobotics, an Israeli drone company, completed a second attempt to raise funds through an IPO after a failed attempt a month ago. The company raised 21 million shekels ($6.4 million) from the public, reflecting a reduced valuation of 100 million shekels ($30.6 million), which is 40% lower than its previous valuation of 165 million shekels ($50.5 million). Airobotics specializes in collecting, analyzing, and providing access to information using automated drones. The company recently entered the renewable energy market through a partnership with Solar Drone. Airobotics has incurred losses of 122 million shekels ($37.4 million) since its founding in 2014.
Investment
growth-negative
איירובוטיקס שוב מנסה להנפיק, לפי שווי של כ-100 מיליון שקל בלבד
Airobotics, an Israeli drone company, is attempting to raise funds through an IPO in Tel Aviv after its first attempt failed two weeks ago. The company is seeking to raise between 20-35 million shekels, a valuation that is 40% lower than its previous attempt. This valuation is almost 90% lower than the companys valuation of over 750 million shekels (approximately $240 million) from a private fundraising round three years ago. Despite the significant cut in its valuation, Airobotics is still keen to complete the public fundraising due to its urgent need for cash to continue its operations.
InvestmentPublic Trading
growth-negative
OurCrowd CEO: We will continue to support Airobotics
Airobotics, an autonomous drone manufacturer, failed to raise $6 million in its IPO. The failure to raise capital significantly hurt the company and its investors prestige. However, Jon Medved, founder and CEO of OurCrowd, stated that they will continue to support Airobotics. The main reasons for the failure were a market that is no longer willing to accept technology companies without significant sales and a negative momentum in the fundraising process. Airobotics had planned to raise $12 million but only managed to raise $4.5 million from its shareholders. The company has developed a drone capable of autonomous flight and sensor replacement. Its revenues in 2020 were $1.6 million, and this year it is on pace for $4.4 million. Institutional investors did not participate in the IPO due to an exaggerated valuation and a small value.
InvestmentPublic Trading
growth-negative
Airobotics IPO flops, cutbacks imminent
Israeli UAV company Airobotics failed to raise $12 million in an IPO on the Tel Aviv Stock Exchange. The demand for the IPO fell short of the minimum threshold of $6 million. As a result, Airobotics is planning wide-scale cutbacks, including layoffs. The companys targeted valuation of $50 million was only 20% of its previous valuation of $240 million. Airobotics had shifted its focus from developing unmanned aircraft to offering mapping and data services. The company has raised $132 million to date and employs over 80 people. It registered revenue of $1.6 million in 2020 and incurred a loss of $14.3 million. Previous investors in Airobotics include Charles River Ventures, BlueRun Ventures, Pavilion Capital, OurCrowd, and private investors like Noam Bardin.
InvestmentLayoffs
growth-positive
https://www.jpost.com/international/dubai-to-use-israeli-drones-to-secure-world-expo-673933
Dubai police will use Airobotics, an Israeli drone company, to enhance security and reduce emergency response times. Airobotics drone-in-a-box system will be deployed in Dubai during the World Expo 2020. The system will replace security personnel with an autonomous drone fleet, reducing response times from 4.4 minutes to just one minute. The integration of drones in security activities is a test case following the signing of the Abraham Accords between the UAE and Israel. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has approved the project. Airobotics, an Israeli company, has already gained operational experience in Australia, Singapore, and the US.
PartnersCustomers
Growth-positive
התשקיף של איירובוטיקס חושף בעלת מניות גדולה ומפתיעה כלכליסט
Israeli drone manufacturer, Airobotics, is seeking to raise $21 million at a valuation of $70 million. This comes after the company lost $122 million in private investor funds over seven years. The company plans to use the funds to continue its global expansion and for research and development expenses. Airobotics, which cut its R&D expenses by 38% in 2020 and reduced its management salaries by 72% during the pandemic year, is raising funds after experiencing a sharp drop in its revenues last year. The largest shareholder in the company is the Singaporean government company, Temasek, which holds 30.3% of Airobotics shares.
InvestmentPublic Trading
growth-negative
Airobotics plans TASE offering after burning $122m
Airobotics, a company that has developed a data gathering drone system, has filed for an IPO at a valuation of $70 million, which is less than a third of its previous private raise valuation of $240 million. The company aims to raise $20 million to finance its day-to-day activities, expansion, and research and development. Airobotics potential customers include urban police, inspection authorities, municipalities, and various industries. The company has experienced a decline in revenue, with just $1.6 million in 2020, and a loss of $14.3 million. The auditors highlight negative cash flow and deficits in shareholders equity and working capital. Airobotics plans to streamline and downsize as part of its management and boards plans. The IPO will be led by Leumi Partners and Discount Capital.
Public TradingInvestment
growth-positive
Airobotics aims to raise $50m in TASE IPO
Israeli drone company Airobotics plans to raise $50 million in an IPO on the Tel Aviv Stock Exchange in May, with a company valuation of $180 million. The funds will be used for marketing and sales after previous financing rounds were invested in R&D. Airobotics has developed an automated end-to-end drone solution for data collection, surveillance, and aerial insights. The company has offices in Israel, Australia, and the US, with the US serving as its global headquarters. In early 2019, Airobotics laid off 15% of its workforce in Israel as part of its expansion abroad.
Public TradingExpandLayoffs
growth-positive
Airobotics' drones enable quick emergency response - sUAS News - The Business of Drones
Airobotics, a global leader in fully automated industrial drones, is providing solutions for emergency response, monitoring, inspecting, and securing large industrial facilities and strategic sites. The companys drones can provide real-time visibility into security threats and emergency situations, such as wildfires, offering a bird’s eye view for efficient strategizing and protection of emergency personnel. Airobotics has recently provided Singapore’s police with two pilotless drones to track illegal public gatherings and enforce social distancing measures.
CustomersPartners
growth-positive
Airobotics Drone Aiding Singapore Police During Coronavirus Crisis
Airobotics, an Israeli-based drone technology company, has partnered with The Home Team Science & Technology Agency (HTX) of Singapore to support the Singapore Police Force (SPF) in tracking large congregations of people and ensuring safety precautions during the COVID-19 pandemic. The drone technology is being deployed daily to broadcast real-time aerial data, aiding the SPF in making quick, informed decisions. The companys local partner, SJ Defence, is providing logistics management, operations coordination and ground safety observers. Airobotics CEO, Ran Krauss, stated that the companys unmanned aerial system is well suited for urban environments and offers the endurance required for such missions.
CustomersPartners
growth-positive
Airobotics Receives World's First Approval to Fly Automated, Commercial Drones Above a Major Metropolis, Flies Above Singapore - sUAS News - The Business of Drones
Airobotics, a leading automated industrial drones startup, has received approval to fly over a major metropolis and has partnered with the Home Team Science & Technology Agency (HTX) of Singapore. HTX is using Airobotics drone technology to track anomalies and monitor public health during the COVID-19 crisis. The partnership aims to augment the efforts of the Singapore Police Force in policing and surveillance. Airobotics automatic platform allows for completely unmanned aerial missions, providing professionals with the ability to monitor, inspect, and secure urban areas and industrial facilities. The partnership with HTX and SJ Defence, the defence arm of Surbana Jurong Group, supports the drone operations by providing logistics management and operations coordination.
Partners
growth-positive
Airobotics Releases New Drone Payload Product - DRONELIFE
Israeli drone provider Airobotics unveiled a new drone-based payload for inspection and security applications. The payload, called Trion, is a high-def, electro-optical and infrared, gyro-stabilized sensor. Airobotics partnered with ADS to enhance the customer experience and provide a market-leading solution. They also partnered with Tokio Marine & Nichido Fire Insurance to optimize the insurers drone-based inspection and disaster-management efforts. Airobotics received the FAAs first-ever three-prong certificate of waiver for flying Beyond Visual Line of Sight (BVLOS) for automated drone operations. They launched their North American headquarters in Scottsdale and BHP, the worlds largest mining company, is their first customer in the U.S.
Partners
growth-positive
Israeli drone startup embeds itself in Australia's IoT state
Airobotics, an Israeli drone technology company, is focused on industrial and commercial applications of drones for surveillance, emergency response, surveying, and mapping. They are the first and only CASA approved operator of automated multi-rotor drones for BVLOS operations in Australia. Airobotics flies drones from their Remote Operations Centre (ROC) in Western Australia, providing automated flights, data collection, and reporting to clients. The company has received $111 million in funding and has established premises in Arizona for managing flights in North and South America. They are working with the mining, construction, and industrial sectors and have invested for long-term growth.
InvestmentExpand
growth-negative
Israeli layoffs as Airobotics shifts production to US
Airobotics, an industrial drone manufacturer, is laying off employees in Israel and Australia as part of its restructuring to focus on the US homeland security market. The company will lay off at least 20 employees in Israel and additional employees in Australia. Airobotics CEO Ran Krauss announced the layoffs as part of the companys streamlining and expansion efforts. The restructuring decision was made in late 2018, with senior management moving to Arizona and offices in Arizona and Australia being expanded. The layoffs primarily affect production workers, but also operational, marketing, and research and development employees. Airobotics had previously stated that it would expand development in Israel, but it is now shutting down production in the country. The restructuring is believed to be a result of the participation of US investment fund Pavilion Capital in Airobotics recent financing round.
Layoffs
Autonomous drones to work in Chilean mines - Autonomic Vehicles
growth-positive
Airobotics Fueled by Additional $10 Million in Funding
Israel-based drone maker Airobotics has raised an additional $10 million in funding from crowdfunding firm OurCrowd. This comes after the companys previous $32.5 million funding round in September, bringing their total funding to over $71 million. Airobotics develops and manufactures fully automated industrial drones used for surveying and security purposes. The company has recently signed deals with two of the worlds largest mining companies and plans to expand its workforce. CEO Ran Krauss will be speaking at an event hosted by Startup Grind Tel Aviv.
InvestmentExpand
growth-positive
Fully autonomous drone maker Airobotics nabs $32.5M, expands into defense
Airobotics, an autonomous drone startup, has raised $32.5 million in funding to expand its business into defense and homeland security and to expand globally. The funding round was led by BlueRun Ventures China, with participation from Microsoft Ventures, OurCrowd.com, and another unnamed strategic investor. Airobotics has raised a total of $61 million to date. The company is leveraging Microsofts image recognition, analytics, and cloud computing in its service. Airobotics plans to use drones for monitoring and securing borders, high-risk facilities, and for defense and homeland security purposes. The company has received full approval to operate in Israel and partial approval in Australia and the U.S. Airobotics aims to eventually operate in cities and work with organizations like police and fire services.
InvestmentExpand
growth-positive
Airobotics scores authorization to fly autonomous drones in Israel
Airobotics, an Israeli startup, has received authorization from the Civil Aviation Authority of Israel to fly drones autonomously for business purposes. This makes them the first company in the world to be allowed fully unmanned drone flights in Israels airspace. Airobotics drones are designed for site surveying, security, and industrial applications. The drones can fly without human operators, allowing companies to conduct inspections over long distances without interruptions. Airobotics raised $28.5 million in venture funding from investors including BlueRun Ventures, Noam Bardin, and Richard Wooldridge. The companys success in commercializing truly autonomous drones sets them apart from other companies in the private sector. Airobotics drones have the ability to land in tight spaces, which is a unique feature among drone manufacturers and operators.
Investment
growth-positive
Autonomous drone emerging from "stealth mode" and eyeing Australia
Airobotics, a drone technology company, has successfully launched an integrated, autonomous system for industry. The company plans to establish an office in Australia to target mining, oil and gas, and industrial companies. The autonomous drone can be used for monitoring pipelines and inspecting facilities in a safer and more efficient manner. Airobotics views the commodity price downturn as an opportunity to communicate the cost reductions and efficiency improvements that drones can offer. The company has raised $28.5 million from investors, including BlueRun Ventures, CRV, and Google executives Noam Bardin and Richard Wooldridge. Airobotics is in talks with mining companies and plans to approach Australian investors in the coming months.
CustomersPartnersInvestment
growth-positive
Los drones autónomos de Airobotics saben cómo cambiar sus baterías
Airobotics, an Israeli company, has developed a system for autonomously charging drones. The system involves a drone parking in a base station where a robotic arm replaces its battery. The company has received a $28.5 million investment to further develop the system. The technology is particularly useful for surveillance and control operations in remote areas where battery replacement is difficult. Airobotics drone, Optimus 01, can carry up to one kilogram of weight and fly for half an hour before needing to recharge.
Investment
growth-positive
Watch this robotic arm swap fresh batteries into an autonomous drone
Airobotics, an Israeli company, has entered the market of autonomous drones for mining and construction companies. The company has developed a high-tech landing pad and its drone, named Optimus, is equipped with military-grade avionics. The drone can autonomously switch between mapping and security modes and is capable of operating for long periods of time without human assistance. Airobotics has raised $28.5 million in funding from investors including BlueRun Ventures, CRV, Noam Bardin (CEO of Waze), and Richard Woolridge (COO of Googles ATAP division). The company aims to provide a versatile solution for inspection, surveying, and security purposes with its autonomous drone technology.
Investment
Airobotics融资2850万美元要做全自动的无人机平台-36氪
Check out this autonomous drone system that eliminates the need for a human operator
growth-positive
Israel's Airobotics raises $28.5m for operator-free drones
Israeli start-up Airobotics has developed a new drone platform that eliminates the need for skilled drone operators. The company has raised $28.5 million in funding from investors including BlueRun Ventures, Noam Bardin (former CEO of Waze), and Richard Wooldridge (Googles Advanced Technology and Projects COO). The platform consists of a drone, an automated base station, and software for mission control. Airobotics is also creating an open ecosystem for developers to create additional tools and payloads. The companys solution is targeted at industries such as mining, oil and gas, ports, and industrial facilities.
Investment
growth-positive
Fully-autonomous drone launcher never needs a pilot Engadget
Tel Aviv-based company Airobotics has developed an autonomous drone system called Airobotics that can operate with minimal human intervention. The system includes a drone, a robotic base station, and command software. The drone can carry a 1-kilogram payload for up to 30 minutes and can land on the base station to have its battery and payload automatically swapped out by a robotic arm. The integrated software allows users to pre-program flight paths and view real-time video and data feeds. The system is expected to be used in industries such as mining and oil and gas for aerial mapping and repetitive delivery tasks.
PartnersExpand
growth-positive
Airobotics raises $28.5M to pursue autonomous drone platforms for heavy industry
Tel Aviv-based Airobotics has raised $28.5 million to develop automated hardware and software for industrial drones. The companys solution focuses on specific industry needs, such as perimeter patrols and safety inspections. Airobotics Optimus drone is equipped with a swappable payload and battery, allowing it to conduct inspections autonomously. The drone is launched and monitored by facility staff using Airobotics software platform. The company has received positive feedback from Israel Chemicals Ltd, a major producer of minerals and chemicals. Airobotics faces competition from other autonomous and roboticized drone platforms, but its early entry into the market shows promise.
InvestmentExpand
growth-positive
Airobotics Unveils Completely Automated Drone Platform - sUAS News - The Business of Drones
Airobotics, a fully automatic drone platform, has publicly launched. The platform allows industrial companies to use drones without the need for skilled operators. Airobotics has secured $28.5 million in funding from investors including BlueRun Ventures and CRV. The platform consists of a large drone called Optimus, an automated base station called Airbase, and integrated software. Airobotics is creating an open ecosystem for developers to create new payloads and software apps for the platform. The companys solution is best suited for industries such as mining, oil & gas, seaports, and other industrial facilities. Israel Chemicals is one of Airobotics first customers. Airobotics is led by Co-Founders Ran Krauss and Meir Kliner.
Investment
