The Florida Institute has finalised a funding agreement with Altavian.
Altavian, a Florida University spin-out, has finalised an agreement with the Florida Institute for Commercialisation of Public Research to receive an undisclosed amount of funding.
Altavian is based on technology developed at Florida University, and is offering unmanned aircraft solutions to all government levels – federal, state and local – as well as private industry. The company’s aim is to simplify and increase the effectiveness of data collection in sectors including natural resources and conservation, construction and infrastructure, precision agriculture, and inspection and monitoring.
The Florida Institute was established in 2007 to assist with company formation and development, as well as pairing them with management and capital investors. It works with Florida’s research universities and institutions to commercialise their research.
John Perry, Altavian president and CEO, said: “Drones are a critical technology for our future, and Altavian provides solutions that meet the high quality standards that our clients expect for their data. In a data-driven world, this technology provides up-to-the-minute information to make better management decisions, increase public safety, and reduce environmental impact in applications as diverse as wildlife ecology to real estate development.”