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Shark Tank’s Mark Cuban Invests $300,000 in DART Drones

Mark Cuban expanded his portfolio of drone companies with a $300,000 investment in Massachusetts-based drone startup DARTdrones.  Cuban wasted no time as he stepped in before the others could reach a final decision. Abby Speicher, CEO of DARTdrones, appeared on the hit ABC show to ask for $300,000 in exchange for 10% of her company.  Although the valuation concerned some …

Dronegenuity Officially Enters Babson BETA Challenge

Hudson, MA (PRWEB) February 24, 2017 Massachusetts startup Dronegenuity today announced its entry into Babson College’s annual BETA challenge. Dronegenuity, based out of Hudson, MA and led by CEO and MBA alumnus Dan Edmonson, provides aerial drone services to businesses throughout the United States. The company believes it is in a strong position to compete in the contest that awards …

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Massachusetts Drone Startups to Watch

Massachusetts has been a launching pad for a diverse set of drone startups. The state’s technology-centered economy and second-to-none higher education system have led the Bay State to become an early leader in drone industry startups.   Hydroswarm When China temporarily seized an American underwater drone in the South China Sea in December 2016, much of the public was surprised …

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8 Ways Texans are Innovating with Drones

The term “drone” usually brings to mind military use or the neighborhood kid’s new toy. However, individuals and large organizations are finding drone technology to be a useful tool. The Federal Aviation Administration (FAA) predicts by 2020, there will be seven million drones flying over the United States. Currently, the FAA estimates there are 1.5 hobbyist drones flying around and …

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How the Construction Industry is Leveraging Drones to Improve BIM Output

Competition in the construction industry is fierce. Business Information Modeling (BIM) software has been around for a while, but savvy engineers, architects and contractors are now discovering the power of combining BIM with drone technology to get a leg up. BIM uses a wealth of data gathered in various ways to accurately create a 3D model of a project, significantly …