Dedrone Closes $30 Million Series C-1 Financing
Summary
As part of its growth strategy, Dedrone is committed to engaging the engineering expertise of Silicon Valley to solve critical, national security issues.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220713005135/en/"As more and more drones enter the skies, maintaining airspace security has become a vital function of national and local governments, law enforcement, critical infrastructure, public venues and much more. This fact is illustrated by the White Houses recent Domestic Counter-Unmanned Aircraft Systems National Action Plan to protect against nefarious drone activity," said Aaditya Devarakonda, CEO of Dedrone. "This need to better secure airspace has been a driving factor in Dedrones exponential growth in 2022; we are on track to double our revenue projections for the year and triple new hires in the US, including building a focused engineering team in California. Its flexible solution, which can operate cloud-based or on-prem/air-gapped, includes comprehensive AI/ML-based detection capabilities, fusion tracker software, sensors, mitigation functionality and advanced analytics.
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