Thursday, April 28, 2016

uAvionix Takes Off With $5M For Drone Safety Systems

Palo Alto-based uAvionix, a developer of minature, ADS-B receivers for unmanned, aerial vehicles--which can track aircraft transponders and automatically avoid aircraft collisions--has raised $5M in a funding round, the comapny said today. The funding came from Playground Global. The company develops ultralight, miniature ADS-B receivers which connect into drones, and help them avoid flying aircraft, which typically send out ADS-B location signals.