Avetics
Avetics provide specialised drone services like industrial inspection and 3D mapping as well as turn-key drone hardware/software.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
$480k | Seed | ||
| Total Funding | 000k | ||
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Avetics Global Pte. Ltd. operates as a drone solutions company with a strategic focus on the industrial sector across Southeast Asia, with offices in Singapore and Malaysia. Founded in 2011 by Weiliang Zhang, who currently serves as CEO, the company was established to leverage the then-nascent potential of drone technology for real-world applications. Zhang, a systems engineer by training, aimed to merge advanced technology with tangible business use cases, a vision that has guided the company's development.
The firm's business model is centered on providing end-to-end drone services, which encompasses a range of specialized industrial inspections including visual, thermal, confined space, and building facade inspections. By utilizing customized drones, Avetics addresses complex challenges in hazardous or difficult-to-reach areas, thereby enhancing safety and operational efficiency for its clients. This approach has attracted a notable client base that includes major industry names such as Shell, ST Marine, and ASL. Revenue is generated through these professional services, sales of DJI Enterprise drones as an appointed dealer, and customized drone engineering. The company reinvests a significant portion of its revenue back into R&D to develop proprietary solutions.
Beyond hardware and services, Avetics is developing its own online drone management software, FlightVault, to manage and analyze the vast amounts of data collected during operations. This platform helps clients archive inspection data and integrates AI functionality, adding significant value to its service offerings. The company has received grant funding from investors including PIER71 and Quest Ventures, which has supported its research and development efforts. Avetics holds certification as a CAAS-Approved Unmanned Aircraft Training Organisation (UATO) in Singapore, offering training for professional pilot licensing.
Keywords: drone services, industrial inspection, Southeast Asia, unmanned aerial vehicles, drone data management, robotics, SaaS, asset inspection, aerial photography, thermal inspection, confined space inspection, drone engineering, DJI Enterprise dealer, Weiliang Zhang, FlightVault, drone training, 3D mapping, digital twin, aerial robotics, custom drones