Sightec announces a $ 2 million seed investment to develop it's spatial orientation system

Sightec announces a $ 2 million seed investment round from the "Sherpa" "InnoVentures" and "Playfair Capital" funds. The investment will be used to further develop a spatial orientation system based on computer vision and artificial intelligence. The system allows aircraft with full or partial autonomy to orient, navigate, land and perform complex tasks in real time at high accuracy, even when there is a communication limit such as GPS blocks. IAI is among the largest customers of the start-up company.

Like human orientation, which enables people to position themselves in the space based on the sense of sight, the technology developed by Sightt allows autonomous tools to understand the space in which they are located and act accordingly, in real time, regardless of external communication. The company was founded on the basis of research in the field of registration and registration of images, conducted by the Department of Electrical Engineering at Ben-Gurion University, led by Prof. Yossi Francus, who serves as CTO of the company.Sightec sells its technology to companies engaged in the field of autonomous aviation, including riders and UAVs, Products for the new category of Flying Vehicle.
 "We are entering a decade of aerial autonomy. The commercial scooped domain becomes more autonomous with the ability to perform complex tasks, from scanning critical infrastructures and agricultural uses, from securing facilities to deliveries. The next major aerospace project will be combined with larger tools for passenger air travel, which is now called the flying cab. In recent years, companies such as Auber, Airbus, Boeing and others have introduced the first models of the flying cab and what appeared decades ago as science fiction are now taking shape and will change the face of transport in the next decade. Sightec is working to integrate artificial intelligence solutions in airspace to improve flight safety and the ability to perform complex, real-time autonomous tasks that will further enhance the vision of air autonomy. The strength of Sightec is a combination of a strong technological solution based on long and in-depth research and a management team full of technological, commercial and financial expertise. "
In addition, Asaf Shechner was appointed as Product Vice President of the Company, where he served as a Product Director at the company, where he managed ADAS (advanced auxiliary systems) for the driver, and a BA in aeronautical engineering from the Technion and an MBA from Ben-Gurion University And has 20 years of experience in commercial and technological dealing in unmanned systems.
"Our leadership has been able to understand that the key to future integration of autonomous vehicles on the road is a contemporary combination of technology that contributes to improved travel safety, and we at Sightec operate the same way," says Asaf Shechner. "In addition to striving for a vision of air autonomy that includes the use of autonomous tools for the transport of passengers and goods, Sighttec serves the current market needs, which currently focus on providing a safe and accurate response to the challenge of understanding air space for airborne tools such as drone and UAVs These. Integrating autonomous tools into civilian air space will only be possible once the industry has ensured maximum flight safety, both for flying vessels and for those around it. "