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Australian drone spin-out raises cash

Australian autonomous-drone company Emesent has raised A$3.5 million in funding to commercialise its first product, Hovermap.

Australian drone spin-out raises cash Australian drone spin-out raises cash Australian drone spin-out raises cash Australian drone spin-out raises cash Australian drone spin-out raises cash

The Emesent team

Queensland-based Emesent is a spin-out from CSIRO's technology arm, Data61.

Main Sequence Ventures, which manages the CSIRO Innovation Fund, led the funding round, along with long-time Bechtel mining executive Andy Greig.

Emesent's world-leading Hovermap technology automates the collection of valuable data in underground areas too dangerous or difficult for people to survey or navigate, such as stopes or ore passes in mines....