GENIUS NY 2019, a business accelerator program at CenterState CEO’s Tech Garden, today announced the five finalists companies selected for its third round. These startup drone companies will participate in the year-long program and will compete for a total of $3 million in direct investment, with one grand prize of up to $1 million and four $500,000 awards.
“We are excited to welcome these latest innovative entrepreneurs to Central New York for Round Three of the GENIUS NY 2019 competition,” said Empire State Development President, CEO & Commissioner Howard Zemsky. “This unique contest supports UAS startups in developing the next-generation technologies that will further support the burgeoning drone industry in the region.”
The five companies will move into The Tech Garden, in Syracuse, in January to begin competing for $3 million in investment. The companies were selected from a pool of more than 350 submissions. Finalists include teams with international and regional representation.
The five finalists selected for GENIUS NY 2019 3.0 finalists are:
EagleHawk (Buffalo, NY): EagleHawk is a drone powered technology company revolutionizing the way commercial roofs are inspected and managed. In just two years, EagleHawk has inspected over 500 buildings and 11 million square-feet of rooftop, and is helping customers detect unknown issues, mitigate risk, and reduce roof maintenance costs.
Vermeer (Brooklyn, NY): Vermeer is an augmented reality drone solution that enables anyone to capture aerial photos, videos and data. A user can now design their aerial shot in an augmented reality environment and then send it to a drone to execute autonomously in the real world.
Civdrone (Israel): Civdrone develops fast, reliable and autonomous marking solutions on enterprise drones for the construction industry. Digitalizing and automating land surveying services will increase productivity and shorten time of construction while lowering its costs.
Sentient Blue (Italy): Sentient Blue develops efficient, more environmentally friendly micro gas turbine based power plants for use in unmanned aerial vehicles (UAVs) to increase flight endurance.
ResilienX (Syracuse, NY): ResilienX is focused on improving safety in the UAS traffic management ecosystem. Their products will increase system resilience and operational uptime by automating fault detection and contingency management, benefiting adopters through decreased expenditures in operations, regression testing and maintenance.
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