Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

TheMarkerTech

Israeli Startup Aitan Raises $41 Million for Drone and Robot Control Systems

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · 6 newsrooms covering

Israeli tech firm Aitan, which develops control systems for drones and robots, has raised $41 million after 13 years in business. The funding will support the company's development and expansion in the autonomous systems market.

The story in 3 lines · by baba

  • Aitan, an Israeli company, raised $41 million.
  • The firm develops control systems for drones and robots.
  • The funding follows 13 years of company operation.

Aitan, an Israeli technology company specializing in advanced control systems for drones and robots, has successfully secured $41 million in funding. The investment round comes after 13 years of operation for the company.

The funding aims to bolster Aitan's development of its sophisticated platform, which enables seamless command and control over multiple unmanned aerial vehicles and robotic units. This technology is designed for applications requiring complex coordination and management of autonomous systems.

While the article does not specify the investors, it highlights the company's longevity and its focus on a rapidly growing sector within robotics and artificial intelligence. The capital infusion is expected to accelerate Aitan's product development, market expansion, and potentially its research and development efforts to stay at the forefront of autonomous systems technology.

TheMarkerOther · Tel Aviv

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

TechTopic

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

Mentioned

Open the Wire