Vigilant Aerospace has received debt financing

Funding Rounds

▤ Summary

Together the founders identified the opportunity to commercialize NASA’s technology and bring it to market for manned and autonomous aircraft. Epperson stated In a 2016 press release announcing the licensing of NASA’s tools, “We were excited about licensing this technology because we see the potential for these particular inventions to not only make significant contributions to flight safety for both manned and unmanned aircraft in the short term, but also to become a platform technology for the future of flight automation in the longer term.” Since that time, Vigilant Aerospace has evolved along this trajectory – providing multiple products that execute on that vision. In addition, the company received money from the Tonic Fund, Kluz Ventures, and the Lubbock Angel Network. Tonic has a broad Midwestern portfolio – but is based in Northwest Arkansas and run by Jeff Amerine. Kluz is a private investment firm based in the DC area that identifies and invests in new technologies that “will revolutionize our world.” The Lubbock Angel Network is based in Lubbock, Texas with the goal of helping grow the local entrepreneurial ecosystem.

$ Funding

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Amount $1.6M Total raised
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Date June 3, 2019 Announcement date
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Investors - Lead investors
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Company https://www.VigilantAerospace.com Funded company

▥ Classifications

industries
Aerospace
applications
General BI

◇ AskAI Classifications

Labels
Aerospace Software Airspace Management Software Detect-and-Avoid Systems

▦ Linked Companies