SwissDrones has secured seven-figure funding in DiamondStream-led investment round
SwissDrones has secured additional seven-figure funding in an investment round led by DiamondStream Partners with participation from existing investors.
SwissDrones, a long-range uncrewed helicopter systems maker, plans to use the funding to accelerate product development and expand go-to-market activities. Created to replace crewed helicopters, SwissDrones provides aerial intelligence solutions for a wide range of applications, including infrastructure inspection, surveillance and public safety missions beyond visual line of sight.
“We see SwissDrones as leaders in bringing next-generation aviation technology to critical use cases in infrastructure inspection, aerial surveillance and public safety,” said David Spurlock, managing director, DiamondStream Partners.
“The combination of the payload/range of the aircraft, a focus on customer service needs, and a platform that will enable high levels of asset utilisation are set to bring disruptive economics to catalyse growth in these market segments. We are excited to support the company as it grows as a leader in this space and brings tremendous value across the sector,” added Spurlock.
SwissDrones aircraft emit up to 95% fewer CO2 emissions than crewed helicopters at reduced operating costs without putting flight crews at risk. The systems allow for the integration of high-end sensor payloads of up to 40 kg (88 lbs). SwissDrones’ aircraft are currently in operation across Asia, Europe, and North America.
Ulrich Amberg, CEO of SwissDrones, said: “Our team looks forward to leveraging their vast entrepreneurial and operational experience in the aviation and aerospace industries as we strive to transform the way aerial intelligence is gathered in crucial applications worldwide.”
SwissDrones is among the first organisations to obtain a European drone operator license, the EASA Light UAS Operator Certificate (LUC). The certificate allows SwissDrones to self-authorise flight operations of its aircraft across EASA countries, including BVLOS operations, within the limits of the certificate. It is the highest authorisation achievable under current European drone regulations.
The SwissDrones SDO 50 uncrewed helicopter platform has also received a Special Airworthiness Certificate (SAC-EC) from the FAA in the US. Additional regulatory approvals will be announced in the coming months.