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Indoor mobile robotic solutions manufacturer Corvus Robotics announced it raised $5 million to expand production of its autonomous drones.
Corvus Robotics’ total funding now adds up to $8 million, which will enable the company to scale across customer sites and complete research and development for new product lines.
The unmanned drones enable fully automated inventory management. The drones use Level Four autonomy to scan barcodes on packaging while navigating aisles of racks. Additionally, the drones do not require external stickers or beacons for navigation and can fly unattended for weeks at a time. The drones utilize cameras and barcode scanners to collect data, which is then downloaded and recorded in a warehouse management system following each flight.
Corvus Robotics also designed its drones to combat challenges in the warehouse environment, including dark spaces and unreliable Wi-Fi.
“It’s very exciting to work on the autonomy system from the ground up, then reach the milestone where we’re putting it in customer facilities,” said Disha Sarawgi, head of special projects at Corvus Robotics. “There is this ‘wow’ moment when customers realize the vehicle is flying by itself, fully autonomously, without any tricks like stickers or beacons.”
Spero Ventures led the round of funding. S2G Ventures, Y Combinator, One Way Ventures, and F7 Ventures also contributed.
Image Credit: Corvus Robotics