About Hangar Technology
Hangar Technology is a company based in Austin (United States) founded in 2016 was acquired by AirMap in September 2019. Hangar Technology has raised $12.8 million across 2 funding rounds from investors including AirMap and Lux Capital. Hangar Technology has completed 1 acquisition, including Autoflight Logic. Hangar Technology operates in a competitive market with competitors including SkyWatch, AirMap, SkyGrid, Airspace Link and AutoPylot, among others.
- Headquarter Austin, United States
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Sectors
TechnologyAerospace, Defense & Maritime
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- Legal Name Hangar Aerospace Llc
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People of Hangar Technology
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Funding Insights of Hangar Technology
Hangar Technology has successfully raised a total of $12.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.3 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Hangar Technology
Hangar Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include AirMap and Lux Capital.
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Seed and early-stage technology companies are funded by Lux Capital.
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Provider of planning software for drone collision avoidance and airspace information
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Investor details for Hangar Technology
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Investments & Acquisitions by Hangar Technology
Hangar Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Autoflight Logic.
Investment portfolio details for Hangar Technology
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Develops mobile applications to augment drone control
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Complete acquisition details for Hangar Technology
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Financial Statements - Hangar Technology
Detailed financials for Hangar Technology
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Hangar Technology Comparisons
Peer comparison for Hangar Technology
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Competitors of Hangar Technology
Hangar Technology 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 SkyWatch, AirMap, SkyGrid, Airspace Link and AutoPylot, among others.
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Insurance solutions are provided for drones and light aircraft.
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Provider of planning software for drone collision avoidance and airspace information
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Airspace management systems for unmanned aircraft are provided by SkyGrid.
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Cloud-based solutions for drone delivery infrastructure are provided.
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AutoPylot is recognized as a provider of drone flight planning software.
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Drone flight planning platform is provided for enterprises.
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Detailed competitors of Hangar Technology
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Latest news on Hangar Technology
Complete news archive for Hangar Technology
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Frequently Asked Questions about Hangar Technology
Hangar Technology was founded in 2016.
Hangar Technology is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Hangar Technology is a funded company, having raised a total of $12.8M across 2 funding rounds to date.
Hangar Technology was founded in 2016 in Austin, United States, focusing on the drone software sector. Drone-acquired data is processed and managed through its software solutions. Competency in computer vision is utilized, with development underway for a flight control module that enables full drone autonomy. Operations center on enterprise tools for data handling and flight operations in the aerospace technology industry.
Hangar Technology's top competitors include SkyGrid, Airspace Link and FlyNex.
Hangar Technology has made 1 acquisition, including Autoflight Logic.
Hangar Technology has 2 investors. Key investors include AirMap, and Lux Capital.