Airspace Link has disclosed a US$4 million to bring drones as a traffic cop in cities and towns to the broader market
Drones have started taking over the skies and soon will start crowding airspace above apartments. As the number of drones proliferates in cities and towns across America, government agencies are scrambling to find ways to manage the oncoming traffic that’s expected to clog up their airspace.
Companies like Airmap and KittyHawk have raised tens of millions to develop technologies that can help cities manage congestion in the air space and now they have a new competitor, Airspace Link, a Detroit-based startup.
Airspace Link has raised $4 million worth of money from a swarm of investors to bring its services to the broader market. The company has four main components of its service: AirRegistry, AirInsect, AirNetm, and AirLink.
According to Michael Healander, chief executive for Airspace Link, what differentiates Airspace Link from other competitors in the market is its integration with mapping tools used by the municipal government to provide information on ground-based risk. He also added that Airspace Link is the only latest entrepreneurial venture.
Healander also stated that two years from now every drone will be live tracked from their platform. Last September, Airspace Link has closed a $1 million pre-seed round with a$6 million post-money valuations. The current valuation of the company is confidential, but the company’s progress is enough to draw the attention of investors led by Indicator Ventures with participation from 2048 ventures.
As drone operators increase in number, the autonomous vehicles pose more potential risks to civilian populations. According to Julian King, EU Security Commissioner, in a statement last summer, “Drones are becoming more and more powerful and smarter which makes them more and more attractive for legitimate use, but also for hostile acts.”
Since half of the population of the United States of America lives in controlled airspace where drones are flying, potential attacks using a drone on Parking lots, sporting events, concerts, and any public area is critical.
“We build out population data and give state and local governments a tool to create advisories for emergency events or any areas where high densities of people will be,” says Healander. “That creates an advisory that goes through our platform to the drone industry.”
Healander also said in a statement that the company is currently creating roads based on ground-based risk and they are pushing that out into the drone community to let them know where it’s okay to fly.
Knowledge of terrestrial critical assets in cities and towns comes from deep integrations between Airspace Link and the mapping company ESRI, which has long provided federal, state and local governments with mapping capabilities and services.
“I’ve been a partner of ESRI my entire life,” says Healander. “I’ve been in the geospatial industry for four or five companies with them.”