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Robotic Skies receives funding from Hearst Ventures

Drone maintenance provider Robotic Skies has received a funding boost from global venture capitalist Hearst Ventures.

Robotic Skies
Robotic Skies recently established an operations center in Salt Lake City, Utah, which is the hub of the company’s network for training and service for select commercial unmanned aircraft systems. Robotic Skies Image

Hearst Ventures is a powerful partner for Robotic Skies,” said Brad Hayden, founder and CEO of Robotic Skies, in a press release. “We are joining the robust ecosystem of Hearst’s investment portfolio — companies that are leaders in the high tech, artificial intelligence, and drone markets.”

Terms of the deal were not disclosed, but Hayden, who was appointed to the Federal Aviation Administration’s (FAA) Drone Advisory Committee earlier this year, told that the funds will support the continued development of Robotic Skies’ maintenance product, business development, and the expansion of its service center network.

Robotic Skies has more than 235 independently owned and operated FAA Part 145 repair stations, or their equivalents outside the United States, serving customers in more than 50 countries.

“We are actively supporting UAS [unmanned aircraft systems] designed to fly autonomous, complex missions, including drone delivery and BVLOS [beyond visual line of sight],” Hayden said. “We support all manner of next-generation airframes, including middle-mile cargo and advanced air mobility [AAM] aircraft. AAM is a natural growth market for Robotic Skies, and we are aggressively pursuing opportunities in this evolving market.”

Along with the funds from Heart Ventures, Robotic Skies has also secured investment from a range of traditional venture capitalists, including Boeing’s HorizonX.

“We’re excited to support Robotic Skies’ mission to be the maintenance network for the next generation of aviation,” said David Famolari, managing director at Hearst Ventures.

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