Inkonova
Inkonova is a drone tech startup developing drone solutions for underground mines and similar environments.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
* | N/A | Early VC | |
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (70 %) | 76 % | 216 % | (64 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (27 %) | 5 % | 17 % | 42 % | 13 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (33 %) | (8 %) | (98 %) | (30 %) | (285 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Inkonova AB operates as a specialized developer of aerial robotic systems designed for subterranean environments, particularly underground mines. Founded in 2014 by Pau Mallol and Ahmed AlNomany, the Stockholm-based company focused on creating drone platforms that could navigate and map inaccessible and hazardous areas safely and efficiently. The business addresses critical challenges in the mining sector, such as the need for safe inspection of stopes, tunnels, and other GPS-denied locations, which pose significant risks to human surveyors.
The company's core offering is an autonomous drone platform, the Batonoumous, which provides real-time 3D visualization and data capture. This system utilizes non-GPS localization technologies, including Simultaneous Localization and Mapping (SLAM), to navigate beyond the pilot's line of sight. Key features include dual SLAM for reliability, automated geo-referencing, collision avoidance, and an in-flight point cloud processing capability that generates an instant 3D map. The primary clients are mining operators who use the technology to improve safety, reduce operational costs, and increase the efficiency of mapping and exploration activities. By providing detailed spatial information from previously unreachable areas, the technology enables better decision-making for production planning and safety protocols.
The company's journey includes an initial acquisition by Terra Drone Corp in October 2018. Subsequently, in April 2022, Inkonova was acquired by Ramjack Technology Solutions (RAMJACK), a technology systems integrator focused on the mining industry. This acquisition integrated Inkonova's robotics and drone technology into RAMJACK's broader suite of products, aiming to leverage RAMJACK's global market reach to expand the technology's adoption. At the time of the acquisition, founder Pau Mallol transitioned from his role, expressing confidence in RAMJACK's ability to advance the products.
Keywords: underground mapping, mining drones, autonomous navigation, SLAM technology, 3D visualization, subterranean robotics, aerial robots, beyond-line-of-sight, mine safety, remote surveying, point cloud generation, geospatial data, tunnel inspection, non-GPS localization, industrial drones, RAMJACK, Batonoumous, Pau Mallol, asset inspection, robotic systems