infiniDome Raises $9M in Collection A Spherical Led by Hanwha Aerospace
by DRONELIFE Workers Author Ian M. Crosby
Anti-jamming options supplier infiniDome has closed $9M in a Collection A funding spherical led by South Korea’s Hanwha Aerospace, alongside Honeywell Ventures and Subsequent Gear Ventures.
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This funding will assist the deployment of infiniDome’s GPSdome2 to main protection forces equivalent to US DoD, Israeli Protection prime, South Korean Military (ROK armed forces), and Indian armed forces. That is Honeywell Ventures’ third spherical of funding in infiniDome, with Subsequent Gear Ventures having supported the corporate since their Seed spherical. Going ahead, infiniDome intends to keep up its partnership with its strategic buyers via joint growth of devoted options and world industrial agreements.
“We see the good worth of Hanwha’s funding and partnership with infiniDome. The synergy of Hanwha’s huge community and management in APAC and worldwide, mixed with infiniDome’s progressive breakthrough and significant know-how and IP, ensures a robust long run strategic relationship,” stated Korea Israel Innovation Middle Founder Jasmine Topor. “Korea Israel Innovation Middle (KIIC) is honored to have the ability to present its members with tailor-made tech scouting and entry to Israel’s progressive applied sciences. The synergies and partnership had been instantly clear to each side and the method was quick and environment friendly. We look ahead to persevering with creating worth to our members.”
“This strategic funding serves as a significant step to assist our clients in leveraging rising applied sciences throughout a large spectrum of platforms, together with industrial and navy drones,” stated Kwangjin Kim, Senior Vice President, Navigation System Enterprise Group at Hanwha Aerospace. “We look ahead to constructing superior capabilities that can maintain our clients forward of latest threats and challenges.”
Based in 2016 by Omer Sharar (CEO), Moshe Kaplan (CTO), and Ehud Sharar (President and VP Manufacturing), infiniDome creates GPS safety and resilient navigation options made to guard UAVs and autos from jamming assaults. At present innovating on GPS safety for UAVs for protection/HLS, the corporate shall be increasing to supply drone safety. Having just lately grown to 26 staff, infiniDome’s group leads the way in which within the fields of GNSS, RF, EW and UAV applied sciences. The corporate was just lately acknowledged by AUVSI as finalists for the AUVSI XCELLENCE Awards within the Expertise class for its GPSdome2 – granting excessive finish safety for small to medium platforms. infiniDome’s superior GPS system safety options assure dependable ongoing positioning and navigation knowledge, even inside closely challenged GNSS environments. Alongside their strategic companions, infiniDome is creating options that mix knowledge from a number of sensors equivalent to anti-jamming modules, INS, radar applied sciences, GPS integrity and assault monitoring instruments, leading to a full navigation resiliency answer for each protection and industrial shoppers.
Orbiting at 20,000km above the earth’s floor, GPS alerts are exceedingly weak and weak to jamming. Each manned floor autos and unmanned autos equivalent to UAV, UGV, and USV are closely reliant on GPS for monitoring pleasant forces, navigation, and autonomous flight. As such, GPS jamming assaults pose a serious threat to each operation and security. With GPS jammers changing into more and more out there, integration of anti-jamming options is proving extra vital than ever. infiniDome’s market-leading anti-jamming options fulfill strict C-SWaP (Value, Dimension, Weight, and Energy) limitations for cellular property equivalent to UAS/UAV the place dimension, weight, and energy are are of main significance, leading to a serious benefit over giant, heavy, and costly anti-jamming programs.
“Honeywell congratulates infiniDome on efficiently closing its current sequence A funding spherical,” stated Matt Picchetti, VP of Navigation and Sensors at Honeywell Aerospace. “Honeywell has been an early investor in infiniDome and now we have developed a robust partnership via our co-development of resilient Navigation options. These merchandise allow UAV operators to perform their missions when GNSS is unavailable and we look ahead to increasing this partnership to allow GNSS resiliency throughout a broader set of use circumstances.”
“Though the protection market had been executing BVLOS and even autonomous UAV missions for fairly a while, we see the demand for smaller, gentle, cheaper UAVs enhance from yr to yr,” stated Omer Sharar. “Along with our companions Honeywell and now with Hanwha as properly, we plan to disrupt this $4B anti-jamming market, by offering options tailor-made to reply the rising demand in its largest and quickest rising segments – Class 1-3 UAVs and big autos fleets.” Omer concludes by mentioning that the largest ache level as we speak is in protection – executing GPS-dependent missions – however the quickly rising industrial UAV market (estimated at $30B by 2030) is ready across the nook and would require at the very least the identical degree of safety, primarily to allow protected integration within the civilian ecosystem.
infiniDome Funding
In whole, infiniDome has raised $7M thus far, along with $1.5M from the Israel Innovation Authority. The extra funds and assist from buyers equivalent to VentureIsrael, Kyto, Aston Companions, and Pointman I on this spherical will permit infiniDome to deploy GPSdome2, in addition to design resilient navigation options made to fulfill future AAM (Superior Aerial Mobility) necessities, in addition to help in advancing industrial laws and bettering the security and safety of important operations worldwide.
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Ian attended Dominican College of California, the place he obtained a BA in English in 2019. With a lifelong ardour for writing and storytelling and a eager curiosity in know-how, he’s now contributing to DroneLife as a workers author.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, knowledgeable drone providers market, and a fascinated observer of the rising drone trade and the regulatory setting for drones. Miriam has penned over 3,000 articles targeted on the industrial drone house and is a global speaker and acknowledged determine within the trade. Miriam has a level from the College of Chicago and over 20 years of expertise in excessive tech gross sales and advertising for brand new applied sciences.
For drone trade consulting or writing, Electronic mail Miriam.
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