Commercial

Kittyhawk Raises $5M in Funding Round for Drone Ops

By R&WI Staff | June 6, 2018
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Image courtesy of Kittyhawk

Drone operations and management software provider Kittyhawk has raised $5 million in funding from new investors, bringing the company's total capital raised to $6.5 million. Kittyhawk raised the capital to further its capabilities as a full stack enterprise drone solution to empower a variety of industries already realizing value from commercial drone operations.

New investors include Jim Andelman of Bonfire Ventures, Boeing HorizonX Ventures and Freestyle Capital. Kluz Ventures' The Flying Object also participated as a returning investor.

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Kittyhawk recognized early on that enterprises were moving drone programs in house and that piloting a drone would become a skill, rather than a profession. This meant that enterprises wanted to move their drone programs in house as well.

Problems arise in accomplishing this, such as choosing from a wide array of apps as well as navigating license agreements, support procedures and data security concerns of having multiple vendors.

Kittyhawk’s enterprise solution is designed for commercial drone operators with the purpose of unifying the mission, aircraft and data. This helps empower companies to manage in-house commercial drone operations. From one singular platform, enterprises can manage the complexity of operators, aircraft, airspace, data analytics, insights and compliance to maximize safety and ROI.

As enterprises integrate and scale the number of drones in their workflow, they will be searching for ways to increase their oversight. Kittyhawk’s new artificial intelligence-powered feature, Hawkeye, will help fewer people manage an increasing number of flights. This will be particularly useful as autonomous operations come to fruition.

Kittyhawk champions level playing fields, open standards and responsible legislation around creating a UAS traffic management system (UTM). As the UTM matures, Kittyhawk will continue to work with the FAA, NASA and industry trade associations to further their own products and empower commercial customers.

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