Boeing’s HorizonX invests in Kittyhawk
Kittyhawk, a San Francisco-based drone software startup, has announced a new funding round, and one of its investors is Boeing’s HorizonX — the aerospace company’s investment arm for funding promising next-generation startups.
Kittyhawk today announced a $5 million funding round. The relatively small funding round brings the company’s total capital raised to $6.5 million, and other investors include Bonfire Ventures and Freestyle Capital.
The Boeing investment has already manifested itself in a partnership with Jeppesen, which was acquired by Boeing in 2000. Kittyhawk announced last month that it had landed a partnership with the flight planning company to integrate Kittyhawk’s drone operation management software with Jeppesen’s navigation data.
Kittyhawk was founded in March 2015 by Joshua Ziering and Jon Hegranes. The company started as a post-flight logging utility, and later moved into more aspects of operations, including mission planning, pre-flight checklists, ability to see live flight traffic and flight logging.
The company has since evolved along with the evolution of the greater drone industry, such as offering instant airspace authorizations through the Federal Aviation Administration’s Low Altitude Authorization and Notification Capability (LAANC) program, which allows drone operators to use an interface (designed by FAA-selected private companies) to request approval to fly in restricted airspace.