AirQtel, an advanced aerial surveillance platform comprising industry-first hardened hardware and software for military, government, and commercial operations, announced it has raised $27 million in Series A funding to expedite the deployment of its aerial platform technology in partnership with multiple governmental entities. The funding follows an in-depth evaluation by both private and governmental partners.
This funding round 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 enables AirQtel to advance technology capabilities, reduce time to market and expand its market penetration into new sectors and geographies. And 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 funding will also 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.
KEY QUOTES:
“This funding showcases the trust and technology validation our investors have in AirQtel’s proprietary technology, planned strategic growth and global market access. 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.”
– Vin Loccisano, Founder of AirQTel
