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MELBOURNE, Fla., Dec. 12, 2017 (GLOBE NEWSWIRE) — Aeronyde, the aerial systems company enabling safe autonomous urban flight, today announced $4.7 million in seed financing to develop its end-to-end infrastructure for self-flying vehicles. Aeronyde is the first company to integrate artificial intelligence (AI) and augmented reality (AR) into a full-service system for the safe and secure operation of commercial drones. The investment was led by Korean electronics manufacturing giant JASTech Co. Ltd, best known as the world leader in flexible OLED/ QLED display. Aeronyde is applying the strategic investment to the development of hardware and systems software for autonomous fleet management (AFM).

Congratlations to Edgar Muñoz and the whole Aeronyde Corporation team. Well done guys!

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A video accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2d4f84f2-e947-4d86-86ad-6cd431b5f8a2

Read the full article here on Business Insider.