Advanced Navigation to Undergo Global Expansion and Accelerate R&D

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Advanced Navigation to Undergo Global Expansion...
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Advanced Navigation , a developer of sensor technologies for drones and robotics, has announced that it has raised AUD $20 million (USD $13 million) of funding that the company will use to finance a significant global expansion into the USA and Europe, as well as to accelerate research and development programs for transformative new robotics, navigation and sensor technologies. The Series A funding round was led by Main Sequence Ventures’ CSIRO Innovation Fund, alongside US venture firms Brick & Mortar Ventures and In-Q-Tel, Inc.

The company’s high-precision AI-based navigational...

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