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AirQtel secures $27M in funding from Venture and Governmental Partners to deploy global aerial surveillance network
Monday, March 3, 2025
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
View original 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
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