What is AutoModality?
AutoModality specializes in sophisticated UAV flight control software tailored for critical infrastructure inspection. Their technology enables fully-autonomous mobile systems that significantly improve the accuracy, speed, and safety of inspections for assets such as bridges, culverts, rolling-stock, and cell towers. By automating these processes, AutoModality aims to reduce future maintenance costs and operational complexities for its clients. The company is headquartered in Syracuse, New York, with an additional operational presence in California.
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 focused on advancements in autonomous navigation and control systems, potentially contributing expertise to AutoModality's flight control software.
LiteCap
LiteCap appears to be a capital investment firm, providing financial backing to support AutoModality's growth and technological development in the autonomous systems sector.
What's next for AutoModality?
The recent major strategic investment signals a pivotal growth phase for AutoModality, likely enabling the company to scale its operations, expand its market reach, and further develop its autonomous inspection technologies. This enterprise-level backing suggests confidence from investors in AutoModality's unique value proposition and its potential to disrupt the infrastructure inspection sector. Future developments may include broader adoption of their systems across various industries requiring detailed asset monitoring and maintenance planning.
See full AutoModality company page
