Arctus Aerospace was started by a Madaras alumnus Rao, with a strong background related to defence technology and drone research. Arctus Aerospace raises $3 Million in pre-seed round aerospace to build next-gen UAVs designed for high-altitude Earth observation and advanced aerial monitoring. The funding team is going with South Park Commons, a community that knows or supports early-stage tech startups. The owner of a deeptech startup India alumnus Rao, used his strong experience to build high-altitude drones for better earth observations. The UAVs designed by him easily reach high altitude, fly longer, and capture the well-detailed data, which can be used for checking the environment and agriculture and conducting a climate study.
The Aim of Arctus Aerospace
The aim of Arctus Aerospace is to build drones that can even fly at high altitude for the longest hours, which no other drone has ever done in history. These drones can be used for different purposes, especially for observation. The focus is on strong features and advanced designs. The main aim of the company is to help Arctus Aerospace Raises $3 million. The company is planning to make something that can stay up to 45,000 feet and for 24 hours in the air. This plan can be fully executed after the successful funding.
Why Earth-Observation UAVs Matter
The deeptech startup India by Alumnus Rao can be the middle one between the expensive satellites and regular aircraft. The observation is important to maintain everything in the right manner, and it can save a lot of things from being wasted in farming, and it is a good source of research that can continue for 24 hours. The UAVs will give a clear image for an exact understanding of the situation. It will help in quick deployment to focus on specific areas. The other reason why Earth-observation UAVs matter is that they are quite affordable compared to manned planes and satellites. It’s always an easier, faster, and cheaper option to go for.
The Bigger Picture: UAV Market
The market of drone technology in India is growing, and there are many reasons behind it. The use of remote sensing in mining, forestry, climate studies, and city planning is rising. The demands of devices that can look at a particular area for a long time are also increasing; now people want something that can analyse things in the best way and can do the process for a long time.
Now people also want all these things at affordable prices, because the devices are mostly useful for researchers and farmers, and most of the time they’re not able to pay that big amount. All these features are in Arctus Aerospace, and this also makes it highly likely that this year, Arctus Aerospace Raises $3 million.
What’s Next for Arctus Aerospace
In the next few months, Arctus Aerospace is going to focus on a few important things first; they can close the funding deal with South Park Commons investors and a few other investors. There is a huge chance that Arctus Aerospace raises $3 million. They will ensure the capacity and the quality of the device to provide a better service.
The testing and showing off of the drones will also get started this year, maybe after the funding round. They can also build a partnership with environmental groups, the government, and companies that need aerial monitoring. The drone the team is making is not easy to get easily found, especially at an affordable price, and the aim of the company is to create the best thing with affordability, which can actually help them go a long way.
