To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

AUVSI 2017: Chinese robotics investment grows

2nd May 2017 - 12:00 GMT | by Richard Thomas in London

RSS

Wireless power and battery systems developer WiBotic has become the latest company to benefit from Chinese investment as the country looks to expand its interests in commercial unmanned technologies.

Announcing the deal in April WiBotic said that it had raised $2.5 million in a seed investment round, led Tsing Capital, which is the venture capital arm of Tsinghua Holdings. Other investors into WiBotics include Comet Labs, Digi Labs, W Fund, WRF Capital and Wisemont Capital.

In March this year UK-based UAV engine manufacturer Gilo Industries announced a $30 million investment by Chinese technology group Kuang-Chi following the launch of its

Already have an account? Log in

Want to keep reading this article?

Read this Article

Get access to this article with a Free Basic Account

  • Original curated content, daily across air, land and naval domains
  • 2 free stories per week
  • Personalised news alerts
  • Daily and weekly newsletters
Create account

Unlimited Access

Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.

  • Original curated content, daily across air, land and naval domains
  • 14-day free trial (cancel at any time)
  • Unlimited access to all published premium news
Start your free trial
Richard Thomas

Author

Richard Thomas


Richard Thomas is the Senior Editor, Naval at Shephard Media. Richard joined the company in …

Read full bio

Share to

Linkedin