Sat. Dec 9th, 2023
    Aerologix Secures $2 Million Funding and Expands Global Presence

    Australian drone technology startup Aerologix has announced that it has successfully raised $2 million in capital and acquired a Brazilian mapping software company, Mappa. The funding round was led by Nightingale Partners and Ellerston Capital, aiming to support Aerologix’s growth plans as it expands its presence worldwide.

    Founded in 2019 by former airline pilot Tom Caska and technology consultant Rakesh Routhu, Aerologix has quickly gained traction in the industry. In just a few years, the company has onboarded over 29,000 drone pilots, solidifying its position as a key player in the market.

    With a strong emphasis on global expansion, Aerologix has already made significant progress by launching in New Zealand earlier this year. Now, the company has set its sights on North and South America, and the acquisition of Mappa, a mapping technology company based in Brazil, will play a crucial role in achieving this goal.

    Mappa will continue its operations under Aerologix’s management, contributing to the expansion plans in South America. Moreover, the technology developed by Mappa will be integrated into Aerologix’s offering, known as AerologixMaps, which launches globally today. This integration will enhance the capabilities of Aerologix’s drone ecosystem, providing drone pilots access to patented software designed specifically for inspecting vertical asset structures.

    The co-founder and CEO of Aerologix, Tom Caska, expressed excitement over the launch of AerologixMaps, which has already captured the interest of many within the company’s network. The solution offers a simple and affordable way to create maps, attracting a substantial number of pilots to join the waitlist.

    Furthermore, the incorporation of Mappa’s technology will enable Aerologix to establish drone pilot networks in various countries without the need for physical offices, providing the company with a strategic advantage in international markets.

    Aerologix’s state-of-the-art technology is compatible with 135 different drone types, serving a wide range of industries such as renewable energy, construction, real estate, and infrastructure. The company’s inclusion in the Civil Aviation Safety Authority (CASA) digital sky platform further demonstrates its commitment to safety and compliance, allowing its apps to provide pilots with up-to-date weather information, location-based data, and flying restrictions.

    Overall, with the successful capital raise and strategic acquisition, Aerologix is well-positioned to expand its global presence and continue providing innovative solutions for drone pilots across various industries.

    FAQ

    1. What is AerologixMaps?

    AerologixMaps is a mapping technology offered by Aerologix that provides a simple and affordable way to create maps using drones.

    2. What industries does Aerologix serve?

    Aerologix caters to a wide range of industries, including renewable energy, construction, real estate, and infrastructure.

    3. How many drone pilots has Aerologix onboarded?

    Since its inception, Aerologix has successfully onboarded over 29,000 drone pilots.

    4. What is Mappa?

    Mappa is a Brazilian mapping technology company that has been acquired by Aerologix to enhance its global expansion plans.

    5. Is Aerologix compliant with aviation regulations?

    Yes, Aerologix is onboarded into the Civil Aviation Safety Authority (CASA) digital sky platform, demonstrating its commitment to safety and compliance.