Asteria Aerospace

Asteria Aerospace

Provider of intelligent unmanned aerial vehicles for aerial intelligence

Founded

2011

Headquarters

Bengaluru (India)

Status

Acquired

Company Details

Website

Socials

Email

Phone

+91-7353036888

Asteria Aerospace Limited is a full-stack drone technology company providing actionable intelligence from aerial data. Asteria develops deeply customized drone solutions for government and enterprise applications using its in-house hardware design, software development, and manufacturing capabilities.

Business Model

Their business model includes

  • Developing customized drone solutions using in-house hardware design, software development, and manufacturing.

  • Providing end-to-end solutions across industries, including product design, avionics, software (embedded, desktop, mobile, and cloud), and advanced analytics.

  • Offering a Drone-as-a-Service (DaaS) solution through their cloud-based software platform, SkyDeck, for various sectors like agriculture, surveying, industrial inspections, and surveillance and security.

  • Delivering services on a deliverable-based model, ensuring customer satisfaction

    MISSION

  • To develop innovative and reliable end-to-end drone solutions that transform aerial data into actionable intelligence.

VISION

We aspire to be the most trusted provider of aerial intelligence for mission-critical applications.

Key People

Neel Mehta

Nihar Vartak

Key Metrics

Total Equity Funding

$813K

No. of Funding Rounds

1

Latest Funding Round

$813.0K, Seed

as of December 13, 2019

Post Money Valuation

$4.58Million

as of September 14, 2018

Funding Multiple

-

as of N/A

Investors

Boundary Holding

and 1 more

Employee Count

321

Similar Companies

insideFPV

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 13, 2019Seed $813.0K$4.6Million$304.0K12.3x Boundary Holding

Recent News