Sydney-founded startup Propeller Aero has raised $10 million in a Series A round led by existing backer Blackbird Ventures, with participation from other existing investors and newcomer Sequoia China.
The Civil Aviation Safety Authority (CASA) has finally made changes to Australian commercial drone laws and as of tomorrow people will be able to fly drones in commercial situations without a license. The relaxing of these regulations coincides with Sydney drone startup Propeller Aero raising US$3.1 million to become one of the first startups to take advantage of these new laws.
Sydney startup Propeller Aero launches new product, AeroPoints to increase the technology’s commercial adoption across the world. AeroPoints are portable ground control markers that look to increase the accuracy of drone data capturing.