American drone maker Skyfish secures over $20 million in Series Seed funding; appoints Cell Tower Industry Veteran Steven Be...
June 25 2021 - 1:19PM
American autonomous drone maker Skyfish has secured over $20
million in a venture-backed Series Seed funding led by Henry
Wolfond CEO of Bayshore Capital and Steven Bernstein the Chairman
of SBA Communications. “After speaking with Skyfish customers, we
quickly understood that Skyfish is unique in the commercial drone
world, producing precise ‘engineering grade’ drone enabled
photogrammetry and 3D Models of infrastructure,” said Bernstein.
“These are the best cell tower digital-twin models I’ve seen and
could significantly enhance the cell tower industry’s inspection,
measurement and mount mapping processes.” Bernstein continued, “The
Skyfish, team have invented an autonomous work drone for scanning
infrastructure that enables detailed centimeter grade measurements
of not only cell towers, but many critical infrastructure targets
like; power lines, dams, bridges, electrical sub stations, wind
turbines and airports.” “To date, Skyfish’s amazing photogrammetry
has been a bit of an industry secret,” said Bernstein, “but now
it’s time to tell the world.”
“We are thrilled to have Steven and Henry advising the company,”
said Dr. Orest Pilskalns, CEO of Skyfish. “Everyone talks about
engineering grade measurement, but we actually deliver on that
promise,” said Pilskalns. “Now engineers can feel safe signing off
on drone enabled models because they are working with data they
know they can trust.”The funds are earmarked to grow customer
revenue, expand drone manufacturing capacity, add to our existing
talent pool, and to continue provide our customers with the great
service and outstanding solutions they have become accustomed to.
The funding comes on the heels of Skyfish being recognized as
the industry leader in engineering grade photogrammetry and 3D
Modelling for inspection, precision measurement and analysis of
critical infrastructure.
About Skyfish – Autonomous Work
Drones www.skyfish.aiFounded
by mapping technology pioneer Dr. Orest Pilskalns, Skyfish drones
are made in America. Skyfish is headquartered in beautiful
Stevensville, Montana, creating a local thriving community of
mapping, modeling and radar technology specialists. The company’s
full (UAS) technology stack, autonomous navigation platforms, and
precision measurement capability are mission built for engineering
and critical infrastructure targets requiring ultra-high levels of
inspection performance, measurement, and accuracy.
About Steven Bernstein - Mr. Bernstein,
60, is the founder and Chairman of SBACommunications NASDAQ:
SBAC since 1989 and was the Chief Executive Officer
from 1989 to 2001. Mr. Bernstein is also involved in a number
of personal commercial real estate investments. Mr. Bernstein
has a Bachelor of Science in Business Administration with a
major in Real Estate from the University of Florida. Mr.
Bernstein was previously a visiting professor at Lynn
University, and serves on the boards of various local
charities.
Company Contact: orest@skyfish.ai
1.406.880.7104
Media Contact:john@skyfish.ai 1.604.763.1008
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ae536648-f3e1-4183-b429-e1a30259bff4
https://www.globenewswire.com/NewsRoom/AttachmentNg/c7bcd838-7a1d-4be8-a568-ff207d05084d
https://www.globenewswire.com/NewsRoom/AttachmentNg/7dc1b7ba-2eb6-4eae-8b47-f2c66ff9ab55
https://www.globenewswire.com/NewsRoom/AttachmentNg/e7c673f3-f7bd-4037-b5c7-25ace8c97b2f
https://www.globenewswire.com/NewsRoom/AttachmentNg/766cd058-b524-4ac5-94cd-67f2c439ffb4
https://www.globenewswire.com/NewsRoom/AttachmentNg/848698a1-1a90-4616-b9fe-757acabbeb19
SBA Communications (NASDAQ:SBAC)
Historical Stock Chart
From Aug 2024 to Sep 2024
SBA Communications (NASDAQ:SBAC)
Historical Stock Chart
From Sep 2023 to Sep 2024