Buoyant Aero (Founding)

Funding Details
Awarder
YCombinator
Date Award
July 20, 2021
Vertical
Industrials,Drones
Funding URL
View Funding Page

Company Info
Founding Year
2021
Company Description
Buoyant Aero builds unmanned blimps that move middle-mile air freight at half the cost of a small plane. We're two MIT hardware engineers who've been friends for almost a decade, and we've built satellites and antennas at Astranis, Wafer, and OneWeb. So far, we’ve built and flown four airships - our most recent is 20 feet long and capable of speeds up to 35 miles per hour. We’ve also closed $5 million in LOIs and have two pilot programs planned. We're starting by improving air cargo in remote regions like Alaska and northern Canada, and will expand to move less-than-truckload shipments in low density parts of the world.
Market
Industrials
Location
San Francisco, CA, USA
Coinvestors
YCombinator

Links