Ghost Drone Maker EHANG Lands $42M Series B, Fills Key Executive Roles

Source: TechCrunch By: Catherine Shu Drone startup EHANG has scored a $42 million Series B to develop its technology and launch new products. Led by GP Capital, the round also included participation from returning investors GGV Capital, ZhenFund, and PreAngel, as well as Lebox Capital and OFC. EHANG, the maker of app-controlled drone Ghost for consumer and industrial users, raised… Read more →

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Intel Pumps $60M Into Chinese UAV Company Yuneec

SANTA CLARA, Calif. Aug. 27, 2015 –Intel Capital has invested more than $60 million in Yuneec Holding Ltd. (“Yuneec”), a worldwide leader in electric aviation. The announcement was made by Intel CEO Brian Krzanich and Yuneec CEO Tian Yu in a short video partially shot by Yuneec’s Typhoon 4K drone. The two CEOs said their companies also will collaborate on… Read more →

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Drones Lead To New Business Ideas

Source: Argus Leader By: Jodi Schwan Entrepreneurs find creative uses for aerial images taken with drones Shortly after he became the proud owner of a Phantom drone, Tom Simmons realized he had a cutting-edge new toy, but not necessarily a tool he could use for his business. “I said, ‘OK, we’re going to go out and take some pictures of… Read more →

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Holy Batman! Drones Can Help Farmers

Source: FREDERICKSBURG By: CATHY JETT Joshua Olds, director of flight operations for Waypoint Global Strategies, explains Friday how healthier crops can be maintained with the help of aerial photographs taken from drones during a demonstration at Grandview Farm near Tappahannock. Batman might have suffered a touch of tech envy if he’d been at Southern States’ drone demonstration. The sleek, Swiss-made… Read more →

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Google’s ‘Wing’ Drone Delivery Service Is Now Part Of The New Alphabet Company

Source: Business Insider By: MATT WEINBERGER A DHL shipping drone. Today, Google announced a massive overhaul that turned the search advertising giant into a subsidiary of Alphabet, a new parent company helmed by Larry Page and Sergey Brin. Buried in that announcement was the news that Google X, the company’s secret skunkworks lab, isn’t actually called “Google X” anymore —… Read more →

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