A company that develops optical technologies to monitor low-altitude airspace for drone threats, bird strikes and FAA compliance is one of five teams selected to take part in round nine of the year-long GENIUS NY uncrewed systems business accelerator.
Lighthouse Avionics will compete with four other companies for a total of USD 3 million in direct investment, with one grand prize of up to USD 1 million and four USD 500,000 awards.
Flox Robotics, which uses drones to steer wildlife away from critical areas; Lamarr AI, which uses drones and AI to inspect building exteriors; Modovolo, a drone company building modular aircraft with extended flight times; and Skyfire AI, which deploys autonomous drone swarms and AI to improve response times and situational awareness for first responders and defense teams, complete the final line-up.
GENIUS NY brings companies to Central New York to participate in the year-long in-residence accelerator where they receive assistance with product development, business development, as well as networking opportunities with investors and business leaders. Participants are required to commit to operating their business in Central New York for at least one year.
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Image: Empire State Development
