Fishers-based Pierce Aerospace wins contract for NASA project
Fishers-based Pierce Aerospace has been selected to support a California-based NASA research project focused on next-generation air-traffic management systems.
Read MoreFishers-based Pierce Aerospace has been selected to support a California-based NASA research project focused on next-generation air-traffic management systems.
Read MoreOnce the rule takes effect—which could be as soon as early next year—observers expect a huge increase in drone use for everything from package delivery to public safety to agricultural activities to aerial surveying.
Read MoreHoosiers in rural Indiana say drones are unlawfully tracking deer for poachers, inexplicably flying around chicken coops and increasingly just making people uneasy.
In its complaint, the company accuses the former consultant of interfering with its business opportunities, including what is described as a potentially multibillion-dollar deal with a large logistics company.
Fishers-based Arrive AI, which secured its first patent in 2014 and launched as a company in 2019, reported its first-ever revenue during the second quarter, the company announced Thursday.
Drones are already used in a variety of ways, including bolstering search and rescue operations, applying fertilizer, inspecting power lines and railroad bridges and delivering packages.
The company, which has developed a smart-mailbox system for drone delivery, said it expects to begin trading on the Nasdaq exchange.
“I’ve had many mentors at this point—well-established engineers and professionals—and they have helped me learn a lot. And I think a lot of the things that I’ve learned from them are a lot more applicable than some of the things I would have had to learn in school.”
Arrive AI, which has developed a “smart mailbox” system for human and drone deliveries, intends to go public via a direct listing on the Nasdaq Global Market.
Smart-mailbox startup Arrive AI, which in December announced plans to merge with Canada-based Brüush Oral Care Inc. and become a public company, says it has called off the deal.
By the end of the decade, the company has a goal of delivering 500 million packages by drone every year.
Indianapolis-based Arrive, which did business as DroneDek until a rebranding earlier this year, offers smart mailboxes for package delivery.
Greenfield-based Progressive Logistics and Indianapolis-based Langham Logistics are both working with Pittsburgh-based Gather AI Inc. to use drones to scan and track items in their facilities.
The company, which launched in 2019, hasn’t yet started earning revenue but it expects to do so by the end of the year, says founder Dan O’Toole. He said it’s also on track to meet hiring required to earn state incentives.
Aviation authorities in the U.S. and elsewhere are preparing to relax some of the safeguards they imposed to regulate a boom in off-the-shelf consumer drones over the past decade.
The White House on Monday released an action plan that calls for expanding the number of agencies that can track and monitor drones flying in their airspace.
Terran Robotics, established in 2019, is developing technology that enables self-flying drones to build walls for earthen homes. The company plans to build its first home next year.
The demonstration comes as Dronedek prepares a move to Lawrence, where it’s renovating a long-vacant building at 4423 Shadeland Ave. into its new headquarters.
DroneDek, an Indianapolis-based startup, said it has raised more than $1.25 million to support its upcoming product launch.
Federal officials say they will allow operators to fly small drones over people and at night, potentially giving a boost to commercial use of the machines.
The partnership unites Pierce Aerospace’s remote identification technologies and DroneDek’s patented last-mile logistics offering, including a drone mailbox system.
The Federal Aviation Administration last month approved new regulations that TV industry experts say will open the floodgates for drone use in news reporting.