UAV firm revs up with £6 million to roll out methane detecting drone in the U.S.

Hampshire-basedunmannedaerialvehicle(UAV)businessthatusesdronestoaidmethanedetection,Flylogixhasraised£6millionfundingtoflyintonewterritories.TheroundwasledbyAmatiGlobalInvestorsandsawtheparticipationofbpventures.

Thecompanywillusethefreshcapitaltoexpandintonewgeographies,includingtheU.S.,NorwayandTrinidad&Tobago.Itwillalsocrossoverintothebiodiversityandrenewableenergyindustries,conductingwindturbinebladeinspectionsforoffshoresites.

Theunmannedaviationstartup,whichholdstheU.K.recordforthelongestcommercialdroneflight,isworkingtowardsverifyingmethaneemissionssafelytovalidatetheaccuratereportingofemissionsdata.Theground-breakingmethane-detectingdronehelpsindrivingdownemissionswithouttheneedforadditionalpeopleoffshoreandthecostandcarbonemissions.

CharlesTavner,CEO,Flylogix,said:“ThislatestinvestmentwillenableustobringourprovenUAVtechnologytonewregionsanddevelopapplicationstorealisethepotentialofunmannedaerialvehicles.Itisasignificantmomentforthebusiness.”

DavidHayes,managingpartner,bpventures,added:“WeareinvestingincompaniesthatcanhelpuswithourNetZeroambitionandaims.FlylogixhasbeeninstrumentalinhowweundertakemeasurementsofmethaneemissionsintheNorthSea.Accurateemissionsmeasurementsarethebasisuponwhichmitigationplansarebased–welookforwardtocontinuingourpartnershipwithFlylogixasitexpandsintonewregions.”