Home Enterprise Solutions Queensland drone start-up raises $3.5m in funding
Queensland drone start-up raises $3.5m in funding Pixabay

Queensland autonomous drone start-up Emesent has received $3.5 million in venture capital for its technology that aims to make work in mines safer and more productive.

The company's first product, Hovermap, can be installed on drones to collect data in underground areas that are too dangerous for people to survey.

Hovermap can be used in environments where GPS is not present or a human is absent, to create 3D maps and record gas readings, videos and images.

The fund-raising for Emesent was led by Main Sequence Ventures — CSIRO’s Innovation Fund - and also received support from CSIRO’s ON Accelerator program, both supported by the National Innovation and Science Agenda.

A statement from Federal Industry, Science and Technology Minister Karen Andrew said Emesent's technology had been developed from ex-researchers of CSIRO's Data61.

“Emesent has developed game-changing technology with the potential to boost the global mining industry," Andrews said.

"This is a prime example of how investment in Australian research can create new opportunities and value for our economy, including our mining sector.

“This could help improve the productivity of mines and the safety of workers. The data collected provides a better understanding of underground mine conditions, without placing miners in hazardous situations."

47 REASONS TO ATTEND YOW! 2018

With 4 keynotes + 33 talks + 10 in-depth workshops from world-class speakers, YOW! is your chance to learn more about the latest software trends, practices and technologies and interact with many of the people who created them.

Speakers this year include Anita Sengupta (Rocket Scientist and Sr. VP Engineering at Hyperloop One), Brendan Gregg (Sr. Performance Architect Netflix), Jessica Kerr (Developer, Speaker, Writer and Lead Engineer at Atomist) and Kent Beck (Author Extreme Programming, Test Driven Development).

YOW! 2018 is a great place to network with the best and brightest software developers in Australia. You’ll be amazed by the great ideas (and perhaps great talent) you’ll take back to the office!

Register now for YOW! Conference

· Sydney 29-30 November
· Brisbane 3-4 December
· Melbourne 6-7 December

Register now for YOW! Workshops

· Sydney 27-28 November
· Melbourne 4-5 December

REGISTER NOW!

LEARN HOW TO REDUCE YOUR RISK OF A CYBER ATTACK

Australia is a cyber espionage hot spot.

As we automate, script and move to the cloud, more and more businesses are reliant on infrastructure that has the high potential to be exposed to risk.

It only takes one awry email to expose an accounts’ payable process, and for cyber attackers to cost a business thousands of dollars.

In the free white paper ‘6 Steps to Improve your Business Cyber Security’ you’ll learn some simple steps you should be taking to prevent devastating and malicious cyber attacks from destroying your business.

Cyber security can no longer be ignored, in this white paper you’ll learn:

· How does business security get breached?
· What can it cost to get it wrong?
· 6 actionable tips

DOWNLOAD NOW!

Sam Varghese

website statistics

Sam Varghese has been writing for iTWire since 2006, a year after the sitecame into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

 

Popular News

 

Telecommunications

 

Sponsored News

 

 

 

 

Connect