Inside Unmanned Systems

OCT-NOV 2018

Inside Unmanned Systems provides actionable business intelligence to decision-makers and influencers operating within the global UAS community. Features include analysis of key technologies, policy/regulatory developments and new product design.

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Page 56 of 67

ENGINEERING. PRACTICE. POLICY. 57 October/November 2018  unmanned systems inside T he Genius NY program, one of the largest business competi- tions for unmanned systems in the world, is entering its third year. At stake is a total of $3 million in prizes for the contest's five finalists plus the type of training typically offered by some of the private sector's best business incubators. The 2017-2018 contest drew more than 250 applicants from around the planet with the top winner developing a drone that can give police officers, fire- men and other first responders the big picture of an incident using drones that can be tethered to emergency vehicles. NEW ROUND In the 2018-2019 round of the Genius NY program, there will be five finalists chosen to compete for a chance to win the top prize of $1 million in funding. The remaining four finalists will receive $500,000 each. This competition is open to startups worldwide that are fo- cused on unmanned systems, including aerial, ground and aquatic, and hard- ware, software and analytics. The pro- gram is also open to Internet of Things and data-to-decisions systems. In addition, the finalists also receive an initial $10,000 per month stipend Photo courtesy of Genius NY. Coming in fi rst place in the Genius NY program has really been a game changer for us— it has allowed us to build out operations on a much more accelerated timeline." Chris McCall, CEO, Fotokite " HATCHING NEW FIRMS The Genius NY contest enters its third year after naming as its most recent winners fi rms building tethered drones for fi rst responders, an unmanned aircraft that counts parking spaces and a weather service designed specifi cally for drones. Fotokite CEO Christopher McCall demonstrating his company's drone, which took fi rst place in the Genius NY program. by Charles Q. Choi during the final leg of the competition as well as a housing subsidy and office space. Moreover, the incubator phase of the program connects them with speak- ers, instructors, workshops and oppor- tunities for networking and investment, all to help them work out the details on how to bring their technology to mar- ket. The Tech Garden in Syracuse, New York, which hosts Genius NY, can also help finalists search for the kind of ex- pertise any new firm needs, including local firms to help with legal questions, insurance, accounting, marketing and manufacturing. The Genius NY competition is part of New York State's increasing focus on unmanned systems. The state is in- 1

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