Overlapping Unmanned Systems and FinTech Industries Provide Glimpse into the Future

Overlapping Unmanned Systems and FinTech Industries Provide Glimpse into the Future

By Ramsey A. Ammar

The unmanned aircraft system, autonomous vehicle, and financial technology (FinTech) industries are each in their fledgling stages, but forging ahead at a rapid pace. While the relative growths of these industries are on parallel paths, those paths are beginning to diverge as companies explore how developments in one industry can benefit the other.

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Air Traffic Management Startup AirMap Receives Additional $26 Million from VC Investors

Air Traffic Management Startup AirMap Receives Additional $26 Million from VC Investors

By: Thomas L. Gemmell

AirMap, a Santa Monica based start-up and the world's top supplier of air traffic management software for unmanned aircraft systems (or “drones”), is raising $26 million in new financing from a group of investors led by Microsoft Ventures. 

The new round of financing will help AirMap expand into markets worldwide, including opening offices in Berlin and at the NASA Ames Research Center.

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Caterpillar Ventures Invests in Airware

Caterpillar Ventures Invests in Airware

By Tyler Short

Airware, an end-to-end aerial data solutions company headquartered in San Francisco, announced yesterday an investment from Caterpillar Ventures, a wholly owned subsidiary of Caterpillar Inc., a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.

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