Drone tech firm PrecisionHawk lands $75M in new financing
PrecisionHawk raises $75 million in new capital – triple the total it had landed since launching in 2010 – and has plans to add personnel as well as make “strategic acquisitions.”
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Duke seeks ways to deter drones from ballparks, gardens
To study how an outdoor public space might shoo away unwanted drone aircraft, researchers from Duke University are teaming up with the Durham Bulls and the Sarah P. Duke Gardens to develop a set of affordable and aesthetic guidelines for deterring drones.
Read MorePrecisionHawk’s New CEO is a Serial DC Entrepreneur, Co-founder of Blackboard
There’s a new CEO in the (virtual) cockpit at Raleigh commercial drone startup PrecisionHawk, and he’s got a resume as impressive as the last man in charge. Michael Chasen co-founded Blackboard, the dotcom era startup that brought college curriculum and coursework online and was eventually sold for nearly $1.7 billion. He replaces Bob Young, the company’s longtime investor who took over as CEO and chairman from founder Christopher Dean in August 2015. Young is a founder of Red Hat, now with $2 billion in revenue, and Lulu.com, another Raleigh tech company. PrecisionHawk is one of the Triangle startup community’s rising stars,...
Read MoreDrone on – May I see your flight registration please?
Editor’s note: Alex Dale is a member of the Technology, Business Litigation, and Intellectual Property Practice Groups at Ward and Smith, P.A. On Monday, December 14, 2015, the Federal Aviation Administration (“FAA”) announced new rules impacting users of any small unmanned aircraft (“UAS”) (i.e., drones or unmanned aerial vehicles) ranging in weight between 0.55 pounds and 55 pounds. The weight restriction triggering registration is based on the weight at takeoff, and it includes everything that is attached to the UAS (everything on board, including cameras). These rules require online registration by owners of any UAS in this weight...
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