George Mathew, Kespry CEO, discusses the company's series C funding, the market opportunities for industrial drones and the regulatory environment with Bloomberg's Emily Chang on "Bloomberg Technology."
Kespry has just received a significant infusion of cash which should position it to battle on in the crowded drone data analytics space.
“We’re incredibly pleased to have leading industrial-tech investors recognize Kespry’s contributions to the future of work. The digital transformation in insurance, mining, construction, and many other industries represents a massive market opportunity,” said Kespry CEO and chairman George Mathew.
Kespry, the industrial drone startup, announced a fresh infusion of cash today in the form of a $33M Series C. It brings the total raised to over $61M across the the three rounds.
President Trump hosted a White House meeting with a group of industry leaders, including George Mathew, CEO of Menlo Park commercial drone company Kespry.
During a demonstration in the East Room, George Mathew, the leader of drone-maker Kespry, brought Trump one of its industrial craft as he sought to explain its industrial uses.
In June, Trump told drone executives the administration wants "to create new companies and lots of jobs... We're going to give you the competitive advantage that you need." In attendance was George Mathew, CEO of Kespry.