Volansi partners with three FAA BEYOND program participants working toward the same goal

SAN FRANCISCO, CALIFORNIA, February 16, 2021 – Volansi, a leader in vertical take-off and landing (VTOL) middle-mile drone delivery services, has partnered with three of the nine participants in the Federal Aviation Administration (FAA) BEYOND program to accelerate the integration of Unmanned Aircraft Systems (UAS) into the National Airspace System (NAS). Volansi is working directly with the North Carolina Department of Transportation (NCDOT), the North Dakota Department of Transportation and the University of Alaska Fairbanks for this effort.

“We are really excited to participate in BEYOND and help get us one step closer to being free from the limitations of our current ground infrastructure,” said Hannan Parvizian, Volansi CEO and co-founder. “Each one of our partners are unique and undertaking projects essential in performing the research and testing required to safely integrate drones into the national airspace.”

In the summer of 2020, Volansi announced a teaming agreement with NCDOT to execute middle-mile drone delivery projects in North Carolina. Not long after, the VOLY C10 began an on-going project delivering temperature-controlled medicine and routine vaccines from Merck’s manufacturing facility to patients at Vidant Healthplex-Wilson. Volansi continues to work with NCDOT to gather data on drone delivery programs and how they could be incorporated long-term into the current transportation infrastructure and regulations.

Last fall, Volansi partnered with the Northern Plains UAS Test Site (NPUASTS) to support Vantis, North Dakota’s statewide UAS network, which enables flights beyond visual line of sight (BVLOS). After a competitive selection process, the VOLY C10 was the only drone selected to integrate and test Vantis’ technologies, such as Command and Control (C2) links or ground-based Detect and Avoid (DAA). Data captured from the successful test flights will be used to develop standard requirements that will apply to any aircraft flying on the network.

The University of Alaska Fairbanks has been instrumental in Volansi’s research and development efforts and is a partner in the Pacific and Arctic region.

BEYOND is a continuation of the FAA’s Unmanned Aircraft Systems (UAS) Integration Pilot Program (IPP) that was implemented in October 2017. The goal of BEYOND is to continue developing the partnerships that have already been established, build on the progress, and tackle the remaining challenges to ensure safe integration of drones, like Volansi’s VOLY C10, in the NAS.

“Our goal is to utilize our VOLY C10 drone to provide the required data and lessons learned through various exercises to help regulatory teams and policymakers within the FAA and The Department of Transportation inform regulations, policy, and guidance to streamline the approval processes for UAS integration,” said Parvizian. “These projects will help to unlock the skies for drone delivery.”

The multiple indefinite-delivery/indefinite-quantity (IDIQ) contract is worth $400 million in subsequent delivery orders.

By Hannan Parvizian, CEO and Co-Founder of Volansi

Today, the Air Force Life Cycle Management Center (AFLCMC) named VOLY Defense Solutions (VDS), a subsidiary of Volansi, Inc., as an official vendor of the United States Air Force’s Skyborg Vanguard Program. The multiple indefinite-delivery / indefinite-quantity (IDIQ) contract is worth $400 million in subsequent delivery orders.

Skyborg vendors will be tasked with designing specific, to-be-determined aspects of the Skyborg experimental aircraft. The goal of having multiple vendors is to establish a diverse and competitive vendor pool with several non-traditional and traditional contractors. The efforts of these combined capabilities will be game-changing to the warfighter.

“Instead of awarding a winner-take-all contract, AFLCMC created a pool of competent companies they can rely on to tackle different parts and problems,” said Hannan Parvizian, CEO and Co-Founder of Volansi. “Put these together and the net result will be a portfolio of innovative, state-of-the-art solutions AFLCMC can pull from.”

So, what is Skyborg?

Simply put, Skyborg is building a foundation of autonomous technology that will create a powerful family of unmanned aircraft vehicles (UAV) to accomplish a wide range of complex mission sets, including those that are too dangerous for manned aircraft. This program will increase overall unmanned capabilities and be a force multiplier for the Air Force.

Fourteen of the “best in breed” aviation companies will work together to integrate autonomous attritable UAV technology with open missions systems to enable manned-unmanned teaming. This foundation of airborne autonomous will enable the Air Force to operate and sustain low-cost, teamed aircraft that can thwart adversaries with quick, decisive actions in contested environments.

What this means for Volansi

Volansi is at the forefront of shifting the logistics of supply chain management by changing the way items move from one place to another. This advancement is accelerating the world’s freedom from the limitations of traditional infrastructure. Think of it as Mobility 4.0. Volansi UAVs can deliver unpredictable supplies, high value materials and critical parts where and when they’re needed most. Customers save time and money by reducing downtime costs and unnecessary, redundant inventory. This autonomous technology will greatly benefit the Air Force as well as optimize the end user experience.

Working alongside such companies as Boeing, General Atomics Aeronautical Systems, Kratos Unmanned Aerial Systems and Northrop Grumman, Volansi’s participation in Skyborg could also open the door to new opportunities outside the project. “This is a great chance to bring recognition to our unique defense capabilities,” said Parvizian. “I am confident that our work with Skyborg will allow us to expand our service offering in terms of design, development, and production.”

As the leader in autonomous vertical take-off and landing (VTOL) capabilities, Volansi UAVs have the flexibility to takeoff and land wherever needed. This cabability enables aircraft to be runway independent and operate with minimal to zero infrastructure needs, even in the most remote, complicated terrian. Anytime, anywhere.

By Hannan Parvizian, CEO and Co-Founder of Volansi

We have some big and exciting news to share: Volansi has closed its Series B round of financing, having raised $50 million. The round was led by Icon Ventures and included all our existing investors, including LightSpeed Ventures, Y Combinator, and One Planet, and saw the addition of new investors, including Harpoon Ventures and Graphene Ventures.

Icon Ventures is a Palo Alto and San Francisco-based venture capital firm with over $1 billion under management. They specialize in Series B and C financing of exciting technologies with visionary teams. They understand what makes a company a category winner- shown time and again by their portfolio of successful exits, which includes enviable tech companies such as Aster Data (Teradata), Bill.com (BILL), FireEye (FEYE), 41st Parameter (Experian), Infinera (INFN), MoPub (Twitter), Opcity (News Corp), Palo Alto Networks (PANW), Proofpoint (PFPT) and Teladoc (TDOC).

Building on our Momentum

This is the third equity round for Volansi, bringing our total funding to $75 million (USD).
So, what do we plan to do with it? For starters, we’re going to accelerate the use of drone delivery in the US and global emerging markets.

With the support of our Series A partners, we developed and brought to market first-of-their-kind autonomous drones and launched select customer projects around the world – changing the face of the VTOL UAV market as we know it. The Series B financing allows Volansi to build on this momentum.

This is great news for you. We know you want us to continue pushing the envelope of mobility and robotics. We know you want us to change the face of logistics. And we know you want us to continue launching new projects and scaling current ones, both in emerging markets around the world and especially here in the US.

This funding will help make this happen.

With just over 65 team members in Northern California, Arizona, and Africa, we will continue to grow our team – adding engineers, developers, and operators, and building our support and success teams to reinforce our growing projects across the globe.

I send a heartfelt thank you to our investors and advisors for their continued confidence, to our customers and partners who continue to amaze us with their passion, support, and feedback, and of course to the entire team here at Volansi.

There’s lots to do- and we’re all on board and excited to make it happen.

Now it’s time to get back to work on our mission: changing the way things move from one place to another and accelerating the world’s freedom from the limitations of traditional infrastructure.

 

Click here to read the full announcement of Volansi’s Series B funding