Overwatch Imaging raises $11 Million to scale its AI-Enabled Airborne Imaging Systems
New capital enables the company to meet high demand in both large-scale, time-critical special mission and civil applications
The company designs and manufactures precision imaging systems with custom onboard AI software for large-scale, time-critical special mission and civil operations.
The dual-use imaging systems are used in defense applications, SAR, maritime and costal response, wildfire mapping, natural disaster response, infrastructure response and more. It has integrated imaging systems on 12 piloted aircraft types and 10 drone models, and its technology is used in daily operations in the US, Australia and Europe.
Funds will be used accelerate Overwatch Imaging’s growth worldwide
Squadra Ventures and Shield capital co-led the round. They were joined by strategic investors L3Harris Technologies and Bridger Aerospace, as well as the Portland Seed Fund.
The funds will be used to meet the high demand for its products, enhancing the automation and image analytic software, and expanding into new market segments.
“We have ambitious growth goals for our company and are committed to making a major positive impact in missions that matter around the world,” said Greg Davis, CEO of Overwatch Imaging. “Our highly respected group of investors bring not only capital to accelerate our growth, but also amazing experience and valuable networks. I look forward to working closely with them.”
Overwatch Imaging will continue to partner with leading aircraft manufacturers and operators as it scales to meet the emerging need for technology both special mission and civil applications across the world.
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