Ascent AeroSystems

Boston, United States Founded: 2014 • Age: 12 yrs Acquired By Robinson Helicopter
Coaxial vehicle configuration based drones

About Ascent AeroSystems

Ascent AeroSystems is an Aerospace, Defense & Maritime company based in Boston (United States) founded in 2014 by Nathaniel Meringer, Jonathan Meringer, and Peter Fuchs, and was acquired by Robinson Helicopter in April 2024. Coaxial vehicle configuration based drones. The company has 24 employees. Its chief executive, as recorded, is Peter Fuchs. Ascent AeroSystems offers products and services including Spirit NX30 and Helius. Its focus areas include High Tech, Drones, Military Drones and Aerospace, Maritime and Defense Tech. Its legal entity is ASCENT AEROSYSTEMS, INC. Its competitors include Anduril, Shield AI and Northrop Grumman; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Boston, United States
  • Employees 24
  • Founders Nathaniel Meringer, Jonathan Meringer, Peter Fuchs
  • Stage Acquired
  • Sectors
    Aerospace, Defense & Maritime
  • Website ascentaerosystems.com
  • Social LinkedIn X
  • Acquired by mCloud (Sep 2018)
  • Legal Name Ascent Aerosystems, Inc
Key Metrics

Products & Services of Ascent AeroSystems

Ascent AeroSystems offers a comprehensive portfolio of products and services, including Spirit NX30 and Helius.

Spirit NX30
Coaxial UAV

High-performance system for mission-critical industrial operations

Helius
Coaxial Nano UAV

Compact 249g UAV for versatile aerial applications

Funding Insights of Ascent AeroSystems

  • Total Rounds 2
  • First Round $600,000

    (Mar 2017)

  • Investors Count 2

All 2 funding rounds of Ascent AeroSystems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2019Seed–Dreamit
–
Mar 2017$600,000Grant––
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startup accelerator
dreamit.comNew York, United States
A startup accelerator focused on drone and robotics innovation is operated.
geniusny.comSyracuse, United States
Manufactures helicopters with focus on safety, dependability, and training for global missions.
1973robinsonheli.comTorrance, United States
mCloudTech.ai is focused on asset performance management solutions.
2010mcloudcorp.comVancouver, Canada
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Investor details for Ascent AeroSystems

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People of Ascent AeroSystems

3 people are tracked at Ascent AeroSystems (3 in leadership); the tracked headcount is 24.

NameRoleGroup
Nathaniel Meringer
Co-FounderLeadership
Jonathan Meringer
Co-FounderLeadership
Peter Fuchs
Co-Founder & CEOLeadership
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Complete people profiles for Ascent AeroSystems

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Timeline of Ascent AeroSystems

5 dated milestones of Ascent AeroSystems across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ascent AeroSystems is founded.
  2. Funding First funding round of $600K.
  3. Exit Acquired by mCloud.
  4. Funding Latest funding round, Seed,.
  5. Exit Acquired by Robinson Helicopter.

Competitors of Ascent AeroSystems

Ascent AeroSystems has 3 listed competitors in our database, 2 of them funded. They include Anduril, Shield AI and Northrop Grumman.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
anduril.com2017Orange, United States$6.26B2,193
Provider of AI-based drone surveillance solutions for defense and maritime sector
shield.ai2015San Diego, United States$3.52B641
Autonomous drones and AI pilots for fighter jets are developed.
northropgrumman.com1939United States95,000
Non-combat aircraft systems are supplied for aerospace and defense sectors.
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Detailed competitors of Ascent AeroSystems

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Web traffic of Ascent AeroSystems

The website of Ascent AeroSystems (ascentaerosystems.com) receives about 9.2K visits a month.

  • Monthly visits
    9.2K

    ▲ 15.8% vs previous month

Similar websites

Websites whose visitors overlap most with Ascent AeroSystems. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
dronenerds.com
dronenerds.com
100%
#327,291–
vicorpower.com
77%
130.6K#422,051View details
uavmodel.com
74%
#561,757View details

Top companies in Drone & Aerial Mobility

3 companies that operate in the same segment as Ascent AeroSystems (Drone & Aerial Mobility) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of AI-based drone surveillance solutions for defense and maritime sector
2017Orange, California, United StatesUSD 11.29 B9,670
Autonomous drones and AI pilots for fighter jets are developed.
2015San Diego, California, United StatesUSD 3.52 B1,965
Autonomous drones, software, and accessories are manufactured for various sectors.
2014San Mateo, California, United StatesUSD 825 M1,067
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Related news about Ascent Aerosystems

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Frequently Asked Questions about Ascent AeroSystems

Ascent AeroSystems was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Ascent AeroSystems is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Peter Fuchs is the CEO of Ascent AeroSystems, as recorded in our data. They have also founded this company.

Ascent AeroSystems has 24 employees.

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.

Ascent AeroSystems's top competitors include Anduril, Shield AI and Northrop Grumman.

Ascent AeroSystems offers Spirit NX30 and Helius.

Ascent AeroSystems has 4 investors. Key investors include mCloudTech.ai, Dreamit, GENIUS NY, and Robinson Helicopter.

Ascent AeroSystems operates through Ascent Aerosystems, Inc.

Yes. Ascent AeroSystems was acquired by mCloud in September 2018.

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