Drone technology startup Airboundhas raised $1.7 million in a seed circular driven by Lightspeed, with extra interest from gradCapital and other angel investors.

The Bengaluru-based company had already raised $50.1K.

Airbound plans to send the new reserves towards R&D endeavors, at first centering on restorative conveyances, such as schedule supply transportation from wellbeing centers to testing labs. The company too points to extend into other applications, counting nourishment and basic supply conveyance, where diminishing coordination's costs can essentially boost productivity, concurring to a press release.

Founded in 2020 by Naman Pushp, Airbound is a drone conveyance company centered on building next-generation drones that can decrease last-mile conveyance costs by over two orders of size. The company claims to overcome key mechanical bottlenecks, condensing 30 kg of equipment into 1 kg, which moves forward security, adaptability, and operational costs. Its restrictive mixed wing body tailsitter plan, known as TRT, points to change logistics.

Airbound states that its TRT plan will create the lightest, most secure, and most economically viable conveyance drone, decreasing conveyance costs to fair a few cents. The company declares that its drone is over three times lighter than ordinary options, with four times the streamlined proficiency, altogether bringing down both forthright and operational expenses.

Airbound fastidiously analyzes each vehicle framework to decrease weight, upgrade security and reliability, and maximize proficiency. It has presented inventive carbon fiber fabricating strategies, permitting the weight of the airframe to be diminished from 6 pounds to fair 400 grams.

In India, Airbound competes with Red Wing and Tech Eagle, whereas it competes with companies like Wing and Zipline all inclusive.

source: entrackr.