Disclosure certainty 4/5 debate potential 1/5

Artial licenses its autonomy software directly to drone manufacturers

Igor Fali · Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones · May 14, 2022 · at 1:24

Igor Fali is the founder of Artial.co, an AI-driven urban safety and autonomy software platform for commercial drones.

0:00 / 0:18exact quote · 18.4s
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“Well right now we're focusing on delivering the software as a license. We're building autonomy engine that brings a new level of drone intelligence basically by providing the higher level of autonomy that exists right now. And we're mostly focused on licensing it for the drone manufacturers or autopilot programs.”

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More from Igor Fali

Disclosure
Artial focuses on civilian drone safety, avoiding defense applications
“No, no, no. It's for the companies who want to make their drones a stability flight. So they are applying it for different use cases in cities. So it's mostly for the people who want to make a Drone is safer, more drone safer technology and fly accurately with…”
Igor Fali May 14, 2022 ▶ 2:47 Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones
Disclosure
Artial secured a US drone manufacturer customer four months after launch
“We're only four months old. We'll just establish incorporating in, in December. And we have a prominent drone manufacturer. I was from United States. And they have a really good, like a company and building the helicopters for automation. And they're like, oka…”
Igor Fali May 14, 2022 ▶ 5:18 Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones
Disclosure
Artial's initial software pilot targets a fleet of 20 to 25 drones
“Right now we're focusing on 20 to 25 drones, depending on the need.”
Igor Fali May 14, 2022 ▶ 7:05 Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones
Disclosure
Artial raised €500k from a single pre-seed investor
“And he invested in us like 500,000 euros. And this is the only our pre-seed investor right now.”
Igor Fali May 14, 2022 ▶ 7:42 Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones
Disclosure
Artial priced its pre-seed round at slightly under a $5M valuation
“No, slightly less than five million.”
Igor Fali May 14, 2022 ▶ 10:19 Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones
Prediction Not checkable as stated
Artial projects at least €100k in revenue by the end of 2022
“Well, at least we'll, well, maybe have at least, I don't know, a 100,000 years for sure.”
Igor Fali May 14, 2022 ▶ 13:33 Drone Safety Software Raises at $4m Valuation, Lands first $100k Pilot for 25 Drones
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