 CustomWeather, Inc., a premier, specialized provider of high-resolution weather data and alert services, announced today that it has entered into a partnership with TruWeather Solutions, LLC to produce unique, high resolution forecasts to support UAS (Unmanned Aircraft System). UAS require close attention to weather conditions, particularly wind, temperature, and severe weather for mission planning and execution.
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 Application Period for World’s Largest Business Accelerator Competition Closes
GENIUS NY announced the application period for round three is closed. The program attracted more than 350 applications for this round, the largest number and most competitive in the competition’s history. Of the applications received, more than half came from teams operating outside of New York, and more than a quarter from outside the continental United States.  Drone Startup, Prevision makes Live Image Maps in Real Time
More and more, what we see on the big screen is not as far off into the future as we may think. Prevision, a 2018 GENIUS NY finalist has developed one of the world’s most sophisticated 3D mapping systems that looks like it came straight out of Tony Stark’s lab in an Avengers movie.  Governor Cuomo has announced $10 million in additional funding to support two new rounds of the innovative GENIUS NY business accelerator, the world's largest unmanned aircraft systems competition administered by CenterState CEO and located at The Tech Garden. The program, extended through 2021, will now host rounds four and five.
 GENIUS NY Attending Two Major Events - Commerical UAV and Boston's Hubweek
GENIUS NY Round 3 applications have been extended two weeks. The applications will now close on Sunday, October 14, 2018 at 11:59PM EST. GENIUS NY will be attending two major events in the next two weeks which is why the application period has been extended.  Governor Andrew M. Cuomo recently announced that New York's ongoing investment in the growing Unmanned Aircraft Systems industry in Central New York and the Mohawk Valley is expected to create at least 200 local jobs and $39.5 million in private investments. Six companies—including two international firms—have committed to creating opportunities in both regions following the state's $30 million investment to support and develop the nation's first-of-its-kind 50-mile flight traffic management system located between Syracuse and Griffiss International Airport in Rome.
 By 2027, the drone logistics and transportation market is projected to grow to $29.06 billion. With such tech giants like Google, Amazon and Walmart already developing and testing their own drones, taking deliveries to the skies will be the largest opportunity in this market. GENIUS NY finalist, TruWeather Solutions, is one company looking to make a significant impact on the future of drone delivery.
 Interdrone is the largest commercial drone event in North America and is held in Las Vegas, NV every year. Last year, GENIUS NY received more than 100 applications at the show from early stage startups focused in UAS, automation and IoT.
This year, GENIUS NY will be located at booth 817 and be giving away free t-shirts and a chance at winning a new DJI Spark to any startup who applies to the program. The competition's application period ends October 1 and invests $3 million into five early-stage startups.  Let’s assume you have a good idea, and potentially a great business. Your startup is scalable and fundable—you’re prepared for quick growth. Understandably, you want to accelerate the development of your business.
One great way to flesh out your business plan, collaborate with top entrepreneurs, and receive constructive feedback, is to join an accelerator or incubator. But with hundreds of programs to choose from, selecting the right program is not an easy decision. Your startup will not benefit from any random accelerator. You need to be deliberate in your search.  Teams Will Now Compete for One of Five Investments; $1 million Top Prize and Four awards of $500,000 Each
GENIUS NY has implemented a new investment structure for round three of the innovative unmanned aerial systems (UAS) business accelerator. Five finalist teams will be selected from a pool of applicants to participate in the third round of this world-class acceleration experience in Central New York. A total of $3 million in direct investment funding will be awarded, with one grand prize of up to $1 million and four $500,000 awards. Previously, the program awarded three grand prizes of up to $1 million, $600,000, and $400,000 and three runner-up prizes of $250,000 with $250,000 available for follow-on funding. Doubling the investment for the finalist teams will provide them with an even greater opportunity to succeed and grow their business in Central New York. |
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