Drone startup CyPhy Works found a new AI/data-driven focus for manufacturing drones earlier this year so decided to rename it to Aria Insights and reboot its functions. But Helen Greiner-founded drone startup Aria Insights is no more within two months of this major reformation on the firm. Before being shut Massachusetts-based Aria Insights was focusing to use the rebranding to concentrate on integrating artificial intelligence and machine language into its drones.
The company was founded in 2008 under the name The Droid Works, with robotics pioneer Helen Greiner, the co-founder of iRobot, as one of its founders. Aerial vehicles build by the company were used in law, defense, agriculture, Energy and enforcement industry. The company has raised $4.5 million in debt finance funding in June 2018 and it has raised about $39 million in venture funding and debt financing.
According to the Vanden Brook’s talk with Robotics Business Review in January about the reason why he wants to concentrate more on giving data analytics and rebranding he said, the team at CyPhy faced the limitations in the industry namely the complications and risks of retrieving and analyzing data after working 10 years in innovating drone technology.
