SYRACUSE, NY - GENIUS NY – the world’s largest business competitions focused on unmanned systems – is accepting applications for the fourth round of the year-long business accelerator. The program will invest more than $3 million in five finalist companies, including a grand prize of $1 million.
PreVision Corp, a GENIUS NY Team, located in Kirkville, NY beat out four other finalists to take the top spot in the 2019 Startup Showdown at Xponential. The Association for Unmanned Vehicle Systems International (AUVSI) 2019 Startup Showdown was held at the association’s annual Xponential event in Chicago on May 1st.
Sentient Blue Wins GENIUS NY $1 Million Grand Prize; Four Other Finalists Receive $500,000 Investments as Part of $3 Million Awarded
The winner of the $1 million grand prize from Round Three of the GENIUS NY accelerator is Sentient Blue, a team from Italy. The GENIUS NY program is the world’s largest business accelerator competitions focused on unmanned systems. EagleHawk One, CivDrone, Vermeer and ResilienX each were awarded investments of $500,000. ResilienX was also named the crowd favorite in a live poll taken during the event.
GENIUS NY Finals Night takes place this Tuesday, April 9 from 5 to 8PM in the Grand Ballroom at the Marriott Downtown Syracuse. It will be an exciting night as five finalists step on stage for the first time to pitch their drone startups. In the end, each team will be awarded a large cash prize totaling $3 million, but only one will be awarded the grand prize of $1 million dollars!
"We want to be the check engine light for the commercial drone industry to enable beyond-visual-line-of-sight (BVLOS) drone operations."
A Q/A with Co-founders Andrew Carter and Ryan Pleskach of ResilienX.
The SkyOp Drone Training Curriculum enables High School, CTE and P-Tech educational institutions to easily incorporate drone training as a standalone course or into existing course offerings. The curriculum equips students with in-demand skills that transfer to numerous career opportunities.
"All drones today are based around the principle that drones fly the camera. We built Vermeer so the camera actually flies the drone."
A Q/A with Brian Streem, CEO and Co-Founder of Vermeer.
"Time is the most valuable aspect in construction. And as long as we can shorten that time and make sure that the structure is built according to the blueprints, that's the added value and that's the problem we're solving."
A Q/A with Tom Yeshrum, CEO and Co-Founder of CivDrone.
"You have all these very nice drones that can do many things, but in reality they don’t have significant endurance in terms of their flight times. We think that we have solved that equation."
A quick Q/A with Miguel Dupret, Business Development and Project Manager at Sentient Blue.
The GENIUS NY teams visited four local tech startups last week to see firsthand what it's like to build a company from the ground up in Central New York. On the tour the teams stopped by Plowz and Mowz, Spincar, The Digital Hyve and TCG Player. Similar to GENIUS NY teams, these local companies each started with just a few employees in small office spaces. Today, the four companies have hired hundreds of talented employees locally which serves as a great example for GENIUS NY founders who have come here from parts of New York as well as Europe.