AirMap Raises $26m in Series B Funding
Summary
AirMap, a Santa Monica, California-based airspace management platform for drones, raised $26m in Series B funding.The company, which has raised more than $43m in total funding, intends to use the funds to bring its airspace management platform and Unmanned aircraft Traffic Management (UTM) solutions to new markets worldwide, as AirMap opens offices in Berlin, Germany and at the NASA Ames Research Center in Mountain View, California.AirMap’s data and services are embedded into drones, ground control stations, and flight apps by top drone makers, such as DJI, Intel, senseFly, 3DR, and Aeryon Labs – expanding the reach of the technology and solutions throughout the entire drone ecosystem.The company has also emerged as a leader in worldwide efforts to build technologies for UTM, the regulatory and technological framework that will facilitate data exchange and air traffic control for drones, and eventually, flying cars.The AirMap platform also provides solutions for geofencing, remote identification of drones, and in-flight deconfliction.