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Robotic Skies Gets Strategic Funding From Hearst Ventures

Robotic Skies says the funding would be used to support continued growth and product development. Adobe Stock
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Key Takeaways:

  • Robotic Skies, a drone maintenance marketplace, has secured strategic funding from Hearst Ventures to support its continued growth and product development.
  • This investment underscores Hearst Ventures' increasing focus on the rapidly innovating aviation and drone industry, which it describes as a "Cambrian explosion of innovation."
  • Robotic Skies provides certified maintenance and support for next-generation aircraft globally, utilizing a network of over 235 repair stations across 50 countries.
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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.

Michael Wildes

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.

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