Monday , January 18 2021

CSIRO Emesent spinoff drone gets 3.5 million dollars



emesent-drone.jpg

(Picture: Kevin Lee)

The drone company, separated from the Commonwealth Scientific and Industrial Research Organization (CSIRO), collected 3.5 million AU $ in the funding round run by the CSIRO Innovation Fund, and was joined by the mining company Andy Greig.

Emesent will use cash to commercialize its Hovermap product, which uses drone and lidar to autonomously create 3D maps for underground areas and extends its staff to 25 people.

"Hovermap allows the mining industry to safely control inaccessible areas of underground mines, while improving the type and quality of data collected to unlock new observations," said Dr. Stefan Hrabar, co-founder and CEO of Emesent.

"The data we collect improves mine performance and provides a better understanding of underground conditions, all without sending inspectors and miners to potentially dangerous areas."

Hovermap is already used in Australia, the United States, Canada, China and Japan, and last year made a flight out of sight in a mine located 600 meters below the surface in Western Australia.

CSIRO's CEO, Larry Marshall, said Emesent was in an "innovative place".

"This has been used by the environment we have created in CSIRO, where deep learning combines with innovative ideas and agile minds to create game-changing technologies," said Marshall.

Last month, Marshall told Senate Estimates that real estate marketing companies are better for Australia than digital startups.

"I think there is a bit of a misconception about what a startup is now, because startups are only small and medium enterprises, after the media lost interest when they become real companies," Marshall said at the time.

"At CSIRO, we do digital innovation, but we also do deep innovation in science, things that people usually do not think about technology or innovation, but they are. Things like cotton, we actually develop, believe or not, cotton does not have to be pressed, which competes with the properties of synthetics. "

Marshall said science is a source for startups, but because it is beyond the reach of digital technology and the Internet, it is perceived differently.

"From our perspective, they are just as innovative, in fact, in many cases more and they have, I think, a deeper impact often on the economy," added Marshall.

Meanwhile, the New Zealand drone company Dotterel Technologies raised $ 1 million, as the company is developing a reduction in drone noise and "clean sound recording" products.

Dotterel has partnered with the Massachusetts Institute of Technology to fund the participation of students from the airline industry in the company.

"These are the best students who reject Lockheed Martin's opportunities to come and work with us," said co-founder Shaun Edlin.

"They are given the opportunity to assist in research and development projects in which they engage in some of our leading blue research that will eventually lead us to the next iteration of products."

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