Kittyhawk Boeing HorizonX

Boeing’s HorizonX invests in Kittyhawk

Kittyhawk, a San Francisco-based drone software startup, has announced a new funding round, and one of its investors is Boeing’s HorizonX — the aerospace company’s investment arm for funding promising next-generation startups.

Kittyhawk today announced a $5 million funding round. The relatively small funding round brings the company’s total capital raised to $6.5 million, and other investors include Bonfire Ventures and Freestyle Capital.

The Boeing investment has already manifested itself in a partnership with Jeppesen, which was acquired by Boeing in 2000. Kittyhawk announced last month that it had landed a partnership with the flight planning company  to integrate Kittyhawk’s drone operation management software with Jeppesen’s navigation data.

Related read: Kittyhawk’s Sonal Baid: ‘startup culture is playing a major role in defining the drone industry’

Kittyhawk was founded in March 2015 by Joshua Ziering and Jon Hegranes. The company started as a post-flight logging utility, and later moved into more aspects of operations, including mission planning, pre-flight checklists, ability to see live flight traffic and flight logging.

Related read: DJI has a whopping 72% market share among Kittyhawk users

The company has since evolved along with the evolution of the greater drone industry, such as offering instant airspace authorizations through the Federal Aviation Administration’s Low Altitude Authorization and Notification Capability (LAANC) program, which  allows drone operators to use an interface (designed by FAA-selected private companies) to request approval to fly in restricted airspace.

 

Leave a Reply