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Avision Robotics

Avision Robotics

Air Traffic Management and Fleet Automation Platform for Drones

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Deal Type

SAFE Note

Funding Goal

$500,000

Current Reservations

$858,000

Minimum Reservation

$25,000

Deal Stage

Seed

Valuation Cap

$15,000,000

Conversion Discount (%)

20%

Open Date

12/31/1969

Maximum Reservation

$250,000

Closing Date

05/05/2018

Elevator Pitch

Traffic management and fleet automation platform for drones. Customers build flight plans ensuring safety and regulatory compliance. We offer autonomous flight control for delivery, mobility and more.

KPIs

12 Employees
10 Issued Patents

Company Overview

Product:

Flight Management System is a SaaS solution for commercial drone operators, startups and enterprise companies. We integrate with government air traffic control systems and offer real-time flight plan deconfliction and compliance with regulations. Our solution provides autonomous flight management functionality allowing companies to integrate drones into their workflows and implement custom use-cases such as on-demand package delivery, emergency transport, and more.

Company:

Avision Inc. was founded on the idea of improving life with the help of robotic solutions. Founders have been working together for the past 15 years and developed expertise in air traffic management and simulation software. Our background and past projects include manned air traffic control, command control, and professional military flight simulators - systems certified by ICAO at the highest grade attainable.

Traction

  • Urban Air Mobility project

    March, 2018
  • Product Launch

    January, 2018
  • UTM Integration with NASA/FAA

    December, 2017
  • Intel UAV platform compatible

    November, 2017
  • 500 Startups Batch 21

    August, 2017
  • Pilot Projects in Logistics

    December, 2016
  • Engineering Startup Competition Winner

    April, 2016
  • NASA UTM - Space Agreement

    June, 2015

Pitch Deck

Press Mentions

Key Customers & Partners

NASA FAA Intel Hoversurf

Testimonials

Alex T.
Alex T.
CEO, Intime Delivery
"Avision Robotics provides unmatched capabilities in the space of UAS services. We are happy to partner and enable our expedited package delivery offering"

Previous Funding

  • $150,000 SAFE Note
  • Raise Source: Investors
  • May 2017
  • $120,000 Equity
  • Raise Source: Investors
  • January 2015
  • $25,000 Other
  • Raise Source: Other
  • April 2016

Frequently Asked Questions

Why Avision Robotics

Avision Flight solution is horizontal and applies to all commercial drone use-cases. Our UTM (unmanned traffic management) routing engine integrates into government ATC (air traffic control) systems and provides real-time deconfliction and regulatory compliance. DroneOS program (UTM client) runs onboard offering autonomous flight control. Operators interact with the system via web application which allows pre-flight planning, real-time fleet monitoring, and post-flight analysis. Avision Robotics is an end-end fleet management and automation platform for drones.

What is Use of Funds

The funding will help us refine technology and add new features in 2018 including implementation of UTM Pilot in USA and rollout of integrated sense-and-avoid functionality. Also, we are planning to invest in marketing and business development to drive the adoption among commercial drone operators and enterprise companies.

What is Patent Status

We currently have provisional application for Flight Management System that incorporates 10 inventions (e.g. autonomous flight, optimal routing, sense-avoid, etc.). Patents will be filed based on provisional application inventions.

Risks & Disclosures

General investment risks apply

Documents

Confidential

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