Microsoft has awarded a $100,000 TechSpark grant to support Airtonomy, a startup that’s partnering with the University of North Dakota Aerospace Foundation to blaze a trail for drone applications in North Dakota’s “Silidrone Valley.”
The seed money unlocks nearly $570,000 in additional funding for Airtonomy from local investors, Microsoft said today in a news release.
“TechSpark saw the drone innovation in North Dakota’s Red River Valley that is driving exciting advances for the U.S. drone industry and wanted to be a part of it,” said Kate Behncken, general manager of Global Community Engagement at Microsoft. “This cutting-edge project has the potential to increase crop yields and boost the production of renewable energy through safe drone advancements created locally, leading to greater economic opportunities for North Dakotans.”
North Dakota is one of the six states targeted by TechSpark, a Microsoft civic program created in 2017 to boost economic opportunities in rural areas and small communities. (The other states are Texas, Virginia, Washington, Wisconsin and Wyoming.)
“Microsoft’s TechSpark support represents a significant opportunity for a startup like ours that wants to innovate and create jobs here in our community,” said Airtonomy CEO Josh Riedy. “It gives confidence to others to back our work, providing the jump-start for us to develop a platform that can drive the next evolution in how drones are used commercially.”
Airtonomy is combining drone technology and artificial intelligence to help clients in agriculture, energy and public safety realize the benefits of aerial imagery provided by multi-drone systems. The venture take advantage of North Dakota’s leading role as a testbed for drone operations.
The Red River Valley has been dubbed the Silicon Valley of unmanned aircraft systems, or UAS, thanks to the region’s open spaces, clear skies and the roles played by the University of North Dakota and the Northern Plains UAS Test Site.
“UND Aerospace has a long history of providing leadership in aerospace innovation and economic diversification by supporting projects that advance the UAS sector and increase high-tech services in the Grand Forks region,” said UND Aerospace Foundation CEO Chuck Pineo.
North Dakota’s Department of Transportation is heading up one of the teams in the Federal Aviation Administration’s pilot program for extended drone operations, including flying drones after dark and beyond an operator’s line of sight.
A 2017 report by McKinsey & Co. estimated the drone industry’s annual economic impact at more than a billion dollars, and said that figure could rise to as much as $46 billion by 2026.