Emesent secures USD $17 million to expand manufacturing

Emesent raises $17m for autonomous mapping

Emesent of Queensland, Australia – an autonomous mapping and robotics company – has raised $17 million in new funding to accelerate development of its Cortex AI autonomy platform, expand its ... The post Emesent raises $17m for autonomous mapping appeared first on Electronics Weekly.

Emesent secures USD $17 million to expand manufacturing

The capital will help the Queensland company lift production, add jobs and push its autonomy software into more overseas markets.

Emesent Strengthens Autonomous Mapping Portfolio with $17 Million Funding

Emesent, an autonomous mapping and robotics company, has announced $17 million (USD) in total new funding to accelerate development of its Cortex AI autonomy platform, expand its Aura cloud software offering, and deepen its operations across the engineering, defense, architecture, mining and construction (AEC) sectors.  The post Emesent Strengthens Autonomous Mapping Portfolio with $17 Million Funding appeared first on Metrology and Quality News…

Emesent Raises $17 Million As Australia Funds Its Drone Mapping Champion With Loans, Not Bans

Emesent has raised $17 million (A$25 million) in new funding to expand manufacturing at its Wacol, Queensland facility and build out two software platforms: Cortex AI, its onboard autonomy engine for GPS-denied flight, and Aura, its cloud platform for processing and visualizing 3D data. The round pairs a $7 million (A$10 million) venture debt facility from the National Reconstruction Fund Corporation, Australia’s sovereign investor in advanced m…