Impossible Aerospace, a California-based startup that is involved in developing long-range electric aircraft, has raised US$9.4 million in Series A funding as it seeks to push its business plans.
After raising the new funds, the company unveiled this week its new product US-1, an electric drone that features optical and thermal sensors.
The drone has a flight time of up to two hours on a single charge, compared with the usual half an hour flight time of most other drones.
The battery life can support a flying range of 75 kilometers per charge and is suitable for uses such as fire-fighting and search or rescue missions, according to reports.
The startup is said to have already begun selling the US-1, which is priced at US$7,000 per unit.
Given the growing concern over privacy and national security issues, Impossible Aerospace will be assembling the product in the US.
Major investors in the startup include Bessemer Venture Partners, Eclipse Ventures and Airbus Ventures.