Robotic Skies says the funding would be used to support continued growth and product development.Adobe Stock
Key Takeaways:
Robotic Skies, a drone maintenance marketplace, has secured strategic funding from Hearst Ventures to support its continued growth and product development.
Hearst Ventures is actively investing in the rapidly growing aviation and drone industry, viewing it as a significant area of innovation and adding Robotic Skies to its portfolio of transportation-themed investments.
Robotic Skies offers certified global maintenance and support for next-generation aircraft through a network of over 235 repair stations in 50 countries.
The funding reflects a broader trend of increasing investment and interest in the aviation sector, especially in unmanned aircraft systems and advanced air mobility infrastructure.
Robotic Skies, a maintenance marketplace for drones, says it has entered a strategic funding partnership with Hearst Ventures, the corporate venture arm of Hearst.
Terms of the deal were not disclosed, but in a news release Monday, Robotics Skies indicated that the funding would be used to support continued growth and product development.
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.