in Business Startups by Greg Mikesell

Sydney-based drone mapping startup Propeller Aero gets $3.1 million investment from Silicon Valley firms. Now, Propeller Aero plans to upgrade their research and development team.

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Silicon Valley VCs raise millions for an Aussie drone mapping startup

In 2014 Rory San Miguel and Francis Vierboom made a bet that not all drone companies would actually need to fly drones, and it seems to be paying off.

On Wednesday their company Propeller Aero, which transforms data captured by drones into survey-grade 3D maps for mining and construction sites, announced it had raised a $3.1 million (A$4 million) funding round.

As well as local venture capital firm Blackbird Ventures, U.S. players Accel Partners and Costanoa Venture Capital have also… Read more at Mashable

AeroPoints provides technology and solutions for accuracy and efficiency of commercial drones. This will help drone users to perform more accurate mapping and surveying.

Drone Mapping Startup

Propeller’s game-changing ‘AeroPoints’ simplify aerial surveying

Aerial surveys by Remotely Piloted Aircraft Systems (RPAS, or drones) have been generating a lot of attention in surveying and mapping circles due to a potential revolution in productivity. However, one of the limiting factors to date has been the need to accurately determine ground controls points (GCPs) to spatially define the location of captured data.

To overcome this, Sydney-based Propeller Aero have created the first complete workflow with the release of their new AeroPoints ground control point system, which automatically… Read more at SpatialSource

More about Greg Mikesell

About Greg Mikesell

Greg Mikesell is the Chief Operating Officer at Principle Health Group, an ancillary laboratory services provider in Austin, Texas.

Greg brings years of experience in finance and business management to his healthcare background with an emphasis in physician relations, market research, data analysis and business planning.

Greg graduated cum laude from the University of Texas with a BBA in Accounting where he completed an independent study on the purchase of LASIK equipment for private practice that utilized discounted cash flow models and selective market research and data analysis. He also completed a year of Nursing Education at the University of Arkansas at Fayetteville.

Greg's passion is helping physicians succeed in their practices through access to the best laboratory services possible for their patients.

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