Russian drone maker attracts €1 million

Aviasolutions (“Aviaresheniya” in Russian), a manufacturer of industrial drones based in Kazan, Tatarstan, has attracted around €1 million from undisclosed individual investors. The deal was reported last week by Russian online publication Firrma.ru.

Thanks to this capital injection, the company will start small-scale manufacturing of ‘FLYP,’ their latest industrial drone model for commercial purposes as pilot projects are taking place this year.

The production cost will amount to some $25,000 per unit.

The company’s priority targets are the agriculture, cargo delivery and oil and gas industries. Thus the FLYP drones will allow farmers save up to 75% on chemical cultivation, while transportation companies will be able to deliver cargo to remote areas of Siberia and the Far East, claims the company.

Aviasolutions’ founder Dmitry Arsentyev in his workshop (photo credit: Aviasolutions via Inc. Russia)

In 2015, FPI Partners — a venture fund with offices in Moscow and the United States — injected €1,9 million in Aviasolutions. That same year, the Russian team designed and successfully tested a drone with vertical takeoff and landing. The cargo capacity of  the devices reached 180 kg with a flying distance of 200 km.

Aviasolutions has been carrying out pilot projects with Avgust, a major Russian agricultural chemicals producer, and Pony Express, a major Russian delivery operator, since this past summer.

Source: Firrma.ru

Topics: Aviation & space, Finance, Hardware, Electronics, Robotics, Kazan, Mobility, News, Regions & cities, Startups, Tatarstan, Venture / Private equity
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