What is AutoModality?
AutoModality specializes in sophisticated UAV flight control software tailored for critical infrastructure inspections. Their fully-autonomous mobile systems are engineered to streamline the assessment of assets such as bridges, culverts, rolling-stock, and cell towers. By automating these processes, AutoModality aims to significantly improve inspection outcomes while simultaneously reducing future maintenance costs and operational risks. The company, headquartered in Syracuse, New York, with an additional presence in California, is at the forefront of leveraging drone technology for industrial applications.
How much funding has AutoModality raised?
AutoModality has raised a total of $3.8M across 1 funding round:
Unspecified
$3.8M
Unspecified (2019): $3.8M with participation from Autonomous Control Systems Laboratory and LiteCap
Key Investors in AutoModality
Autonomous Control Systems Laboratory
Autonomous Control Systems Laboratory is an entity likely involved in research and development related to autonomous navigation and control systems, potentially contributing expertise to AutoModality's flight control software.
LiteCap
LiteCap appears to be a capital investment firm, possibly focusing on technology or industrial sectors, providing financial backing to support AutoModality's growth and innovation in UAV flight control.
Undisclosed investor
An undisclosed investor participated in the funding round, indicating strategic interest in AutoModality's autonomous inspection technology and its market potential.
What's next for AutoModality?
With the recent infusion of major strategic capital, AutoModality is poised for accelerated growth and market expansion. The company's focus on developing fully-autonomous inspection solutions positions it favorably within the burgeoning drone services market. Future endeavors will likely involve scaling operations, enhancing software capabilities, and forging new partnerships to broaden the application of their technology across diverse infrastructure sectors. This strategic investment signals a strong confidence in AutoModality's vision to revolutionize how infrastructure is monitored and maintained.
See full AutoModality company page
