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Exyn Technologies has filed a notice of an exempt offering of securities to raise $35,000,000.00 in New Equity Investment.

Exyn Technologies has filed a notice of an exempt offering of securities to raise $35,000,000.00 in New Equity Investment.

January 11, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Exyn Technologies is raising $35,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Nader Elm played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Exyn Technologies
Exyn Technologies was established in 2014 to commercialize decades of ground-breaking research in aerial robotics, drone swarms, multi-modal sensor fusion, 3D mapping, obstacle avoidance, and autonomous navigation & planning. Exyns focus is on developing software for aerial robots so they can operate in GPS-denied environments, without human control, prior information, or pre-existing infrastructure (e.g. no motion capture system). Our approach to client engagement is to be a partner and jointly solve problems. We engage with clients in all parts of the value chain (solutions providers to end-users) across various industries. We are a spin-out from the University of Pennsylvania GRASP Labs under the direction of Professor Vijay Kumar. Our team is comprised of industrial and academic leaders in aerial robotics.

To learn more about Exyn Technologies, visit http://www.exyn.com/

Contact:
Nader Elm, Chief Executive Officer
215-999-0225

SOURCE: http://www.intelligence360.io
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Venture Capital
6160, Exyn Technologies, Pennsylvania, Philadelphia, Venture Capital

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