About Ascent AeroSystems
Ascent AeroSystems is a company based in Boston (United States) founded in 2014 by Nathaniel Meringer, Jonathan Meringer, and Peter Fuchs was acquired by Robinson Helicopter in April 2024.. The company has 24 employees as of December 31, 2022. Ascent AeroSystems offers products and services including Spirit NX30 and Helius. Ascent AeroSystems operates in a competitive market with competitors including Anduril, Shield AI, Northrop Grumman, Elbit Systems and Newspace Research and Technologies, among others.
- Headquarter Boston, United States
- Employees 24 as on 31 Dec, 2022
- Founders Nathaniel Meringer, Jonathan Meringer, Peter Fuchs
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
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- Legal Name Ascent Aerosystems, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
mCloudTech.ai
& 3 more
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Employee Count
24
as on Dec 31, 2022
- Acquired by
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Products & Services of Ascent AeroSystems
Ascent AeroSystems offers a comprehensive portfolio of products and services, including Spirit NX30 and Helius. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-performance system for mission-critical industrial operations
Compact 249g UAV for versatile aerial applications
Funding Insights of Ascent AeroSystems
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(05 Mar 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2019 | Amount | Seed - Ascent AeroSystems | Valuation | Dreamit |
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| Mar, 2017 | Amount | Grant - Ascent AeroSystems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ascent AeroSystems
Ascent AeroSystems has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include mCloudTech.ai, Dreamit and GENIUS NY. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startup accelerator
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Founded Year | Domain | Location | |
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A startup accelerator focused on drone and robotics innovation is operated.
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Founded Year | Domain | Location | |
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Manufactures helicopters with focus on safety, dependability, and training for global missions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ascent AeroSystems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ascent AeroSystems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ascent Aerosystems Comparisons
Competitors of Ascent AeroSystems
Ascent AeroSystems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Anduril, Shield AI, Northrop Grumman, Elbit Systems and Newspace Research and Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of AI-based drone surveillance solutions for defense and maritime sector
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| domain | founded_year | HQ Location |
Autonomous drones and AI pilots for fighter jets are developed.
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| domain | founded_year | HQ Location |
Non-combat aircraft systems are supplied for aerospace and defense sectors.
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| domain | founded_year | HQ Location |
Military drones and defense systems are provided globally.
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| domain | founded_year | HQ Location |
Next-generation unmanned systems and aerospace technologies are developed.
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| domain | founded_year | HQ Location |
Unmanned aerial systems for military purposes are developed and supplied.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ascent Aerosystems
Frequently Asked Questions about Ascent AeroSystems
When was Ascent AeroSystems founded?
Ascent AeroSystems was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Ascent AeroSystems located?
Ascent AeroSystems is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Ascent AeroSystems?
Peter Fuchs is the current CEO of Ascent AeroSystems. They have also founded this company.
How many employees does Ascent AeroSystems have?
As of Dec 31, 2022, the latest employee count at Ascent AeroSystems is 24.
What does Ascent AeroSystems do?
Ascent AeroSystems was founded in 2014 in Boston, United States, within the aerospace sector. Small unmanned aerial vehicles are developed and manufactured, featuring a coaxial vehicle configuration that improves portability, durability, and operational simplicity relative to multi-rotor designs. The platform is designed for scalability across recreational, professional, commercial, and military uses.
Who are the top competitors of Ascent AeroSystems?
Ascent AeroSystems's top competitors include Anduril, Shield AI and Northrop Grumman.
What products or services does Ascent AeroSystems offer?
Ascent AeroSystems offers Spirit NX30 and Helius.
Who are Ascent AeroSystems's investors?
Ascent AeroSystems has 4 investors. Key investors include mCloudTech.ai, Dreamit, GENIUS NY, and Robinson Helicopter.