Ben Franklin Technology Partners of Southeastern Pennsylvania

Ben Franklin Technology Partners of Southeastern Pennsylvania, established in 1982, is a non-profit organization that fosters technological innovation and growth in the region. It primarily invests in early-stage technology companies, having supported over 1,750 such ventures since its inception. The organization also facilitates university-industry partnerships to accelerate scientific discoveries to market, and initiates regional programs to bolster the entrepreneurial ecosystem. Its mission is to create jobs and transform lives by leading the region's technology community to new heights.

Jonathan Beschen

Investment Director, Information Technology Investment Group

Anthony George

Venture Capital Associate, Tech Investment Group

Adare McMillan

CFO

Omar Mencin

Managing Director, Information Technology Investment Group

Scott Nissenbaum

President, CEO and Board Member

Aston Pierce

Director - GO PA Fund and GO PHL Fund

Kathie Jordan Ph.D

Managing Director, Healthcare Investment Group

Past deals in Aerospace

Exyn

Debt Financing in 2020
Exyn Technologies, Inc. is a Philadelphia-based company that specializes in the development of autonomous aerial robots designed for complex commercial environments. Founded in 2014 as a spin-off from the GRASP Laboratory at the University of Pennsylvania, Exyn leverages over a decade of research to create drone platforms capable of pilot-less operation without reliance on GPS. Its flagship software, exynAI, manages the control and communication of these multi-sensory rotorcraft, enabling them to perform tasks such as underground inspections, inventory management, and construction documentation. The company's innovative approach combines multiple redundant sensors with advanced mapping and obstacle avoidance technologies, resulting in highly robust and differentiated aerial robots that facilitate data acquisition in challenging settings.

Verge Aero

Seed Round in 2016
Verge Aero is a specialized company comprised of a talented team of engineers in fields such as electrical, computer, software, systems, and aerospace engineering. The company focuses on the design and deployment of unmanned aerial systems, or drones, specifically for the entertainment industry. Verge Aero has developed advanced drone performance software that allows for the simultaneous control of swarms of drones, enabling integration with existing entertainment systems. This technology facilitates captivating interactions between drones, audiences, and performers. The company's near-term applications include recurring drone performances, venue installations, touring productions, and various drone entertainment products, showcasing the potential for innovative aerial displays in entertainment contexts.

Orange Maker

Seed Round in 2016
Orange Maker, LLC is a 3D printing technology company based in Thousand Oaks, California, founded in 2013. It specializes in developing advanced 3D printing systems and user-friendly software programs, notably its Helios One system, which utilizes heliolithography technology to achieve high-resolution outputs. The company focuses on providing innovative solutions for various applications, including aerospace, architecture, automotive, biotech, defense, and medical fields, enabling professional designers and engineers to create high-quality 3D printed products. Orange Maker's patent-pending technology facilitates flexible manufacturing by offering a range of compatible materials and smooth surface finishes. The founders, driven by a passion for empowering creativity through advanced tools, foster a collaborative environment within the 3D printing community.

American Aerospace Technologies

Seed Round in 2015
American Aerospace Technologies, Inc. specializes in long-endurance unmanned aircraft systems (UAS) and flight services primarily for the oil and gas industry. The company integrates and operates these UAS to deliver actionable data and insights to commercial and public sector clients, ensuring compliance with FAA regulations. American Aerospace develops advanced payloads, sensors, and communication solutions that support various applications, including pipeline integrity management, facility inspections, and emergency response. Its offerings include high-precision mapping systems, threat detection tools for pipeline corridors, and methane detection capabilities. The company's clientele consists of Fortune 500 companies, universities, and government agencies. Founded in 2000 and headquartered in Conshohocken, Pennsylvania, American Aerospace Technologies was previously known as American Aerospace Advisors, Inc.
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