Israel Innovation Authority

The Israel Innovation Authority, established in 1965 as the Office of the Chief Scientist within the Ministry of Industry and Trade, is dedicated to fostering research and development in government research institutes. Its primary objective is to enhance industrial development and promote the export of high-tech products. The authority plays a crucial role in mitigating financial risks associated with innovation projects by providing funding support to initiatives selected and managed by private companies. Through these efforts, it aims to stimulate growth in the high-tech sector and strengthen Israel's position as a leader in innovation.

Dror Bin

CEO

Past deals in Drones

Airobotics

Grant in 2024
Airobotics offers a fully automated solution for collecting aerial data, catering to government, industrial, and commercial sectors. The company manufactures autonomous unmanned aerial drones that facilitate automated data capture and analysis. Airobotics' technology is utilized for a variety of applications, including real-time video monitoring, disaster assessments, compliance audits, land investigations, inspections, surveillance, progress tracking, and survey services. By providing these comprehensive capabilities, Airobotics enables organizations to gain valuable insights and improve operational efficiency.

Airobotics

Grant in 2023
Airobotics offers a fully automated solution for collecting aerial data, catering to government, industrial, and commercial sectors. The company manufactures autonomous unmanned aerial drones that facilitate automated data capture and analysis. Airobotics' technology is utilized for a variety of applications, including real-time video monitoring, disaster assessments, compliance audits, land investigations, inspections, surveillance, progress tracking, and survey services. By providing these comprehensive capabilities, Airobotics enables organizations to gain valuable insights and improve operational efficiency.

Oversight

Grant in 2022
Oversight is a developer of a 3D collaborative workspace platform aimed at enhancing decision-making for first responders. The platform integrates advanced AI simulation and real-time data management from various devices, including drones, body cameras, and smartphones. By providing comprehensive situational awareness, Oversight supports emergency response teams in their mission planning and operational efficiency, enabling them to make informed decisions during critical situations.

Flytrex

Grant in 2021
Flytrex is the largest drone-based food delivery service in the United States, primarily operating in North Carolina and Texas. The company has successfully fulfilled over 120,000 orders for various partners, including notable chains such as Little Caesars, Papa John's, and El Pollo Loco. Flytrex's service is designed to offer rapid delivery, reducing costs from $10 to $1 per package and cutting delivery times from 20 minutes to under 5. With a strong customer retention rate of 45% after two years and a household penetration of 70% within its service range, the company has garnered significant customer satisfaction, reflected in its high Net Promoter Score of 75. Flytrex employs advanced automated drone technology operated via a cloud-based control system, facilitating efficient deliveries even to hard-to-reach areas while minimizing operational expenses for retailers and delivery companies.

High Lander

Seed Round in 2020
High Lander provides a software solution that transforms off-the-shelf drones into pilot-less units, facilitating the creation of coordinated, autonomous fleets. Its Mission Control platform enables users to manage various drones effectively, addressing challenges such as short battery life by integrating features for building and administering commercial drone airports. This capability allows users to recharge drones and dispatch them as needed, making High Lander's technology suitable for diverse applications, including first response, robotic aerial security, and precision agriculture. The company aims to maximize the potential of commercial drones across various missions.

RFISee

Series A in 2020
RFISee is focused on developing advanced radar technology aimed at enhancing the safety and functionality of autonomous vehicles, drones, and robots. The company is creating the world's first 4D imaging radar on a single chip, which features high-resolution, low-cost radar sensors. These sensors are capable of generating real-time 3D location and velocity maps of surrounding objects, thereby facilitating greater automation in driving. RFISee's innovative approach is set to disrupt the transportation industry by enabling safer vehicles and introducing new business models. The technology is particularly well-suited for the autonomous car market, which is experiencing rapid growth, as radar systems are reliable in various weather and lighting conditions, making them a preferred choice in military and defense applications.

AgroScout

Seed Round in 2020
AgroScout Ltd. is an Israeli company established in 2017 that specializes in developing an artificial intelligence-based platform aimed at enhancing sustainable farming practices. The company's technology provides precision agriculture solutions by utilizing advanced analytics and high-resolution aerial imagery to assess crop health and monitor for pests and diseases. AgroScout's platform supports farmers by offering insights on crop emergence, stand counts, canopy coverage, and biomass throughout the growing season. This continuous monitoring allows for early detection of infestations, enabling more effective curative treatments and reducing pesticide use. By delivering actionable insights into crop management and regional outbreak predictions, AgroScout aims to improve crop yields and profitability while fostering a more sustainable food production supply chain.

Indoor Robotics

Grant in 2020
Indoor Robotics Ltd, founded in 2018 and based in Ramat Gan, Israel, specializes in the design and development of Tando, an AI-powered patrol drone tailored for indoor security and inspection tasks. Tando employs independent AI-based navigation and a patented ceiling docking system, providing real-time coverage and utilizing predictive analysis to reduce false alarms. The drone autonomously collects and analyzes data, promoting consistent quality and enhancing safety. This innovative solution combines robotics with advanced AI capabilities, offering a cost-effective and efficient approach to intelligent indoor monitoring. By collaborating with leaders in the security and smart building sectors, Indoor Robotics aims to transform the landscape of indoor surveillance and inspection through improved area coverage and response times.

Heurobotics

Grant in 2018
Heurobotics researchers will further evolve the Mark II technology. “Heurobotics will be using the Agrowing company’s proprietary sensor technology to perform both remote and close sensing in the field to identify crop stress,” explained Kerry Karl, Heurobotics’ chief executive officer. “Agrowing’s team will work with Heurobotics engineers to develop optimal flight-profile requirements of a small unmanned aerial system of their configuration to collect meaningful data.”

LahakX

Grant in 2018
LahakX specializes in agricultural-robotics technology, providing a fleet of autonomous drones designed for efficient crop spraying. The company offers a comprehensive solution that enables growers and applicators to deploy these drones with ease, allowing for precise and sustainable crop protection. Their technology facilitates both uniform coverage of large farm areas and targeted spot spraying, significantly reducing chemical use. By utilizing a modular fleet and advanced software, LahakX enhances operational efficiency, lowers labor and service costs, and improves overall productivity and safety in agricultural practices. Growers can either purchase the complete spraying solution or engage LahakX to provide spraying services, making their value proposition widely accessible. The company's operations in the U.S. commenced earlier this year, marking a significant advancement in agricultural innovation.

FlyWorks

Grant in 2017
FlyWorks Ltd., founded in 2019 and based in Beer-Sheva, Israel, specializes in developing a drone multirotor platform featuring a hybrid propulsion system designed for extended flight durations. The company’s innovative technology integrates a single internal combustion engine with small electric motors, allowing drones to carry significant payloads while maintaining a lightweight structure. This approach not only enhances performance but also ensures safety and cost-effectiveness. FlyWorks' patent-pending drive technology is versatile enough to be adapted for various drone sizes and applications, including land surveying and air-taxi services. By enabling high-resolution, multi-sensor inspections of large-scale power line infrastructure, FlyWorks aims to revolutionize the capabilities of commercial drones in multiple industries.
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