Post by AMPulse Online

🚀 Startup Spotlight 🚀 Emesent - Australian CSIRO spin-out developing SLAM-based LiDAR mapping, drone autonomy, and data analytics solutions for GPS-denied environments in mining, AEC, defense, and public safety. 🔍 Company Overview - CEO: Charles Miller - Year Founded: 2018 - Location: Brisbane, Queensland, Australia - Team Size: 51-200 - Webpage: https://www.emesent.com/ 🎯 What They Do - One-line Description: Australian CSIRO spin-out developing SLAM-based LiDAR mapping, drone autonomy, and data analytics solutions for GPS-denied environments in mining, AEC, defense, and public safety. - Target Customers: Mining companies, AEC/surveying firms, defense organizations, oil & gas operators, public safety agencies - Industry Verticals: Hardware 🚀 Achievements & Status - Current Stage/Status: Growth Stage - Major Milestones: Venture Round - Key Investors: 2018: Founded as CSIRO spin-out; 2019: Launched Hovermap 100; 2020: In-Q-Tel strategic investment; 2022: $32M Series A led by Perennial Partners; 2023: Charles Miller appointed CEO; 2024: Hovermap integration with Boston Dynamics Spot and Freefly Astro; 2026: Launched GX1 with 5-10mm global accuracy; 2026: $25M funding round including $10M NRF venture debt; 2026: US Army selects Hovermap for soldier readiness enhancement - Basic Growth Metrics: Grew from 7 to 130 staff between 2019-2022; 300+ clients in 40+ countries as of 2022; annual revenue increased 400% YoY as of 2020; 250% revenue growth in 2021; 109 employees as of mid-2026 💡 Competitive Edge - How They Differentiate: Proprietary SLAM algorithm developed and validated over a decade at CSIRO in extreme GPS-denied environments (underground mines). Combines drone autonomy, collision avoidance, and survey-grade LiDAR mapping in a single payload. GX1 achieves 5-10mm global accuracy. - Key Technological Advantage: Decade of CSIRO robotics research underpinning proprietary SLAM algorithms; established position in autonomous GPS-denied drone mapping; Autonomy Level 2 (AL2) enabling beyond-line-of-sight flight without GPS; strong IP from CSIRO heritage. 📈 Funding & Partnerships - Total Funding Raised: $60.5M - Latest Funding Round: Venture Round - Key Investors: Perennial Partners; Tiger Global; TELUS Ventures; Main Sequence; Archangel Ventures; In-Q-Tel (IQT); NGS Super; Hostplus; National Reconstruction Fund Corporation (NRFC); QIC Ventures; Orion Resource Partners - Key Partnerships/Collaborations: Boston Dynamics (Spot robot integration); DJI (M350 drone integration); Freefly Systems (Astro Max drone integration); Teledyne FLIR Defense (payload integration program); CSIRO (technology heritage) Based on database updated on: 2026-07-02T00:57:26.231Z #Innovation #AM #3Dprinting Powered by #WeeklyVentures "Spot an error? Share your feedback to help us improve!" https://lnkd.in/gfjx4VHm