AirQtel, an advanced aerial surveillance platform comprising
industry-first hardened hardware and software for military,
government and commercial operation, today announced it has
received $27M in Series A funding
WELLESLEY, Mass., Feb. 23,
2025 /PRNewswire-PRWeb/ -- AirQtel, an advanced
aerial surveillance platform comprising industry-first hardened
hardware and software for military, government and commercial
operation, today announced it has received $27M in Series A funding to expedite deployment
of it's aerial platform technology in partnership with multiple
governmental entities. The investment follows an in-depth
evaluation by both private and governmental partners. This funding
highlights the critical role of AirQtel's proven technology in
unlocking ultra-high resolution aerial imaging in all weather
conditions for foreign and domestic security agencies across all
sectors.
This funding round will enable AirQtel to advance technology
capabilities, reduce time to market and expand its market
penetration into new sectors and geographies. The funding round
comes following the successful prototype launch of AirQtel's
Looking Glass aerial network across four countries and in
partnership with over 50 agencies. This investment will further
support efforts to address ongoing threat developments, access
alternative market segments, integrate AirQtel's technology with
existing and future partner networks and establish a stronger
global presence for the company.
"This funding showcases the trust and technology validation our
investors have in AirQtel's proprietary technology, planned
strategic growth and global market access," said Vin Loccisano, Founder of AirQTel. "The need for
ultra-high resolution aerial imaging is both existing and growing
every day. Full wavelength imaging is needed by a broad variety of
entities, from local businesses to the federal government, and the
Looking Glass platform allows these entities the opportunity to
readily deploy industry first technology across an almost unlimited
geographic area. The AirQtel technology is suitable for the most
demanding security agencies who require unparalleled safety and
operational security. This investment will enable AirQtel to
continue innovating, expand capabilities, and push product to
market a year earlier than originally planned."
Forward-Looking Statements
This press release contains "forward-looking statements" that
are subject to substantial risks and uncertainties. All statements,
other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements
contained in this press release may be identified by the use of
words such as "anticipate," "believe," "contemplate," "could,"
"estimate," "expect," "intend," "seek," "may," "might," "plan,"
"potential," "predict," "project," "target," "aim," "should,"
"will," "would," or the negative of these words or other similar
expressions, although not all forward-looking statements contain
these words. Forward-looking statements are based on AirQtel's
current expectations and are subject to inherent uncertainties,
risks and assumptions that are difficult to predict. Further,
certain forward-looking statements are based on assumptions as to
future events that may not prove to be accurate.
Media Contact
Vin Loccisano, AirQtel, 1
6178668850, vin@airqtel.com, www.airqtel.com
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content:https://www.prweb.com/releases/airqtel-secures-27m-in-funding-from-venture-and-governmental-partners-to-deploy-global-aerial-surveillance-network-302382332.html
SOURCE AirQtel
