AirQtel, a Wellesley, MA-based provider of an aerial surveillance platform, raised $27M in Series A funding.
Backers were not disclosed.
The company intends to use the funds to advance its technology capabilities, reduce time to market and expand its market penetration into new sectors and geographies.
Founded by Vin Loccisano, AirQtel provides an advanced aerial surveillance platform comprising industry-first hardened hardware and software for military, government and commercial operation.
The funding round comes following the prototype launch of AirQtel’s Looking Glass aerial network across four countries and in partnership with over 50 agencies. This investment will further support efforts to address ongoing threat developments, access alternative market segments, integrate the technology with existing and future partner networks and establish a strong global presence for the company.
