What is Airspace Link?
Founded in 2018 and headquartered in Plymouth, Michigan, Airspace Link, Inc. is an FAA Approved UAS Service Supplier (USS) for the Low Altitude Authorization & Notification Capability (LAANC). The company, established by Detroit-based founder Michael Healander, provides a cloud-based platform that deploys low-altitude drone infrastructure to local communities and airports. This infrastructure is designed to support the safe integration of both recreational and commercial drone operations within regional airspace.
How much funding has Airspace Link raised?
Airspace Link has raised a total of $37M across 3 funding rounds:
Unspecified
$4M
Series A
$10M
Series B
$23M
Unspecified (2020): $4M with participation from Detroit Venture Partners, Ludlow Ventures, 2048 Ventures, Invest Detroit, Matchstick Ventures, and Indicator Ventures
Series A (2021): $10M led by Thales and Altos Ventures
Series B (2022): $23M supported by Morningside Group, Olympus Capital, and Avanta Ventures
Key Investors in Airspace Link
Thales
Thales is a global leader in advanced technologies, focusing on digital and deep tech innovations such as AI and cybersecurity. They invest in companies crucial for societal development across defense, aeronautics, space, and transport sectors.
Morningside Group
Morningside USA is recognized for its excellence in urban building design and construction, including residential, retail, and commercial projects, built to high design and environmental standards.
Olympus Capital
Olympus Capital is an investment firm that has participated in Airspace Link's funding rounds. Further details on their specific investment focus are not provided in the context.
What's next for Airspace Link?
The substantial enterprise-level backing and recent strategic investment indicate a strong market confidence in Airspace Link's vision for drone traffic management. This capital infusion is expected to accelerate the company's expansion of its drone infrastructure deployment, enhance its platform capabilities, and potentially explore new market segments. The focus on LAANC compliance and safety positions Airspace Link as a key player in the burgeoning drone economy, suggesting a trajectory towards broader adoption and integration with existing aviation systems.
See full Airspace Link company page
