Xwing, a company pioneering autonomy for aviation, today announced it has raised $10 million in Series A funding led by R7 Partners, with participation from Thales, Alven, and Eniac Ventures. The investment will be used to expand Xwing’s team of experienced aerospace and autonomous software engineers, and to scale the development of its software stack that tackles the remaining challenges of autonomous flight.
Working with the latest aerospace manufacturing technologies and in tandem with the FAA to receive flight certification for pilotless aircraft, Xwing is preparing to scale its efforts to create a market-ready solution for safe and secure pilotless flights.
“With the support we’ve received from our investors and through partnerships with leaders in the space, we’re determined to significantly accelerate the pace of deployment of cost-effective unmanned and autonomous technologies, which will transform the regional transportation market,” said Marc Piette, CEO, and founder of Xwing.
Autonomous technologies have the potential to improve air traffic management, open up the skies to novel air transportation services, and further improve aircraft safety. Unique to Xwing’s platform is its ability to have the aircraft perceive surroundings and detect ground-based and airborne hazards while determining the aircraft’s position and flight path.
Furthermore, its software suite will enable pilotless flights by seamlessly integrating and building on top of existing matured systems. By retrofitting existing aircraft, Xwing can quickly deploy to market safer and more cost-effective operations without disrupting established regulatory systems.
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