Funding of $2.6 Million Obtained by ApolloShield in their Seed Round
ApolloShield, a startup founded in 2016 and backed by Y Combinator, specializes in counter-drone systems designed to detect and safely block unauthorized drone intrusions, and track down their operators. The company's technology, developed by experts from the Israel Defense Forces, indicates a strong military-grade foundation in drone detection and defense.
Market Position
ApolloShield is positioning itself as a leading player within the industrial and security sectors for drone threat mitigation. With its Y Combinator backing, the startup signifies early-stage validation and growth potential in this specialized market.
Technology
The heart of ApolloShield's technology is the Omni RF Sensor, their flagship product. This sensor can intercept incoming drone signals and trigger safe return command protocols, ensuring minimal disruption while maintaining security. ApolloShield's systems are designed for easy deployment at various locations, including stadiums, government facilities, airports, and private estates.
Funding
ApolloShield has raised approximately $2.62 million in total funding. In August 2016, the company received a grant of approximately $120K from a startup competition or accelerator, followed by a $2.5M seed investment led by Partech, AltaIR Capital, and angel investors in October 2016.
The Omni RF Sensor requires minimal setup and training, making it accessible for a wide range of users. ApolloShield's mission is to safeguard sensitive sites from unauthorized drones, providing a plug-and-play counter-drone system used globally.
With its focus on speed, legality, and modularity, ApolloShield thrives in civilian, enterprise, and infrastructure use cases. The company's passion for drone technology advancements, as exemplified by CEO Jacob Stoner, who is also a licensed commercial drone operator in Canada, underscores the potential societal impact of this technology.
In summary, ApolloShield is an emerging leader in the counter-drone market, providing expert-developed technology for drone detection and neutralization, backed by Y Combinator and supported by strategic investments. The company is positioning itself as the provider for managed airspace defense, ensuring the safety and security of critical infrastructure and sensitive sites.
Technology plays a crucial role in ApolloShield's operations, with their flagship product, the Omni RF Sensor, being a testament to their expertise in counter-drone systems. This sensor facilitates the detection of unauthorized drone intrusions, triggers safe return command protocols, and is designed for easy deployment in various locations, such as stadiums, airports, and private estates.
