KESPRY IN THE NEWS

The latest news about Kespry across drone, industry, technology and business media.

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On Tuesday, the Federal Aviation Administration unveiled a new set of guidelines to govern the commercial use of drones, a turning point that many in the industry believe will open up a new frontier of opportunities. In light of that announcement, one Menlo Park, Calif.-based startup is well-poised to take advantage of the new regulations, which have been anticipated for months.

We talked to Paul Doersch, CEO of Kespry, a startup that designs and builds autonomous drones for industry, about the use of drones. He’s particularly excited at the prospect of new FAA regulations, calling them a possible inflection point for the commercial drones industry. The current regulatory environment, he says, creates an “artificial friction” he hopes the new regulations will solve.

MENLO PARK, Calif.--(BUSINESS WIRE)--Kespry, which designs automated drone systems for commercial use, today announced the close of a Series B equity-financing round of $16 million that includes investments from DCM Ventures and Lightspeed Venture Partners. With these funds, Kespry is hiring more engineering and service teams to ramp-up production and serve customers. In the past twelve months, Kespry has more than doubled in size, and is moving into a larger headquarters in Silicon Valley to keep up with the continued... Learn More ›