Category Archives: Business News

Intel Capital Invests in PrecisionHawk

PrecisionHawkPrecisionHawk, which uses a small, lightweight UAV and cloud-based software to collect, process and analyze aerial data, today announced that Intel Capital has joined its previously announced Series B funding round of $10 million. The new investor announced its participation at the Intel Capital Global Summit, which brings together more than 1,000 founders and CEOs from Intel Capital’s portfolio, Fortune 1000 business executives and industry leaders from around the world.

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Insitu Announces ScanEagle 2

ScanEagle-PR3Insitu has announced ScanEagle 2, the next generation of its revolutionary ScanEagle platform. Leveraging lessons learned from more than 800,000 operational hours, ScanEagle 2 provides increased payload power and expanded payload options, a more robust navigation system, better image quality due to a fully digital video system and a state-of-the-art, purpose-built propulsion system. The aircraft’s new architecture also maximizes commonality with all Insitu systems, reducing training, hardware and life-cycle costs.

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