Lux Capital leads financing with participation from Fontinalis Partners; company founded by serial entrepreneurs Colin Guinn and Jeffrey DeCoux
AUSTIN, TX – Oct. 20, 2016 — Hangar, a software company specializing in autonomous data capture using drone technology, announced a $6.5 million Seed financing led by Lux Capital. Hangar will provide high-quality aerial data across multiple industries more consistently and affordably than ever before, utilizing a combination of advanced software and drone technology. This announcement comes immediately following the launch of the new Part 107 regulation for commercial drone use in the U.S., dramatically lowering the barrier for businesses to adopt aerial technology. Read More
Industry leading app suite for sophisticated autonomous control is acquired by aerial data company Hangar, founder to join team as Hangar CTO and co-founder.
Hangar, the Austin, TX based technology company developing an autonomous data capture ecosystem for drones, today announced it acquired Autoflight Logic, the maker of the most popular 3rd party flight automation software for DJI drones. Autoflight Logic boasts over 150k autonomous flights in over 190 countries flown using its ground control software. The software supports multiple popular drone platforms such as the Phantom 3, Phantom 4, Inspire and Matrice, and Autoflight Logic recently announced support for the brand new DJI Mavic. Autoflight software has enabled advanced drone operations that range from unmanned flights over Chernobyl to feature Hollywood filming, as well as thousands of commercial flights worldwide. Read More