GENIUS NY Invests $3 Million in Drone Startups

Aviant has been awarded the $1 million grand prize from round eight of the GENIUS NY accelerator, recognizing its innovative autonomous drone delivery solutions that enhance logistics efficiency By William Mackenzie / 30 Oct 2024
Sponsor Content
Autonomous Drone Delivery Solutions Receive GENIUS NY Funding
Follow AAMi

Aviant is the $1 million grand prize winner of round eight of the GENIUS NY accelerator. 

The Norway-based company leverages advanced drone technology to provide autonomous last-mile delivery solutions, enhancing efficiency and reliability in logistics. Their system offers a seamless, on-demand delivery service, reducing delivery times and costs while improving customer satisfaction. 

The year-long program attracts the world’s most innovative startups in the uncrewed systems field to Central New York. GENIUS NY, funded by Empire State Development and operated by CenterState CEO, features a pitch competition at the annual Innovation Night event in downtown Syracuse. 

A total of $3 million is distributed, with the grand prize winner receiving a $1 million investment, and the other four finalists each being awarded $500,000. Since its inception in 2017, GENIUS NY has helped its companies raise over $350 million in follow-on funding and created hundreds of jobs throughout New York state.

Aviant CEO Lars Erik Fagernæs said, “Aviant leverages advanced drone technology to provide autonomous last-mile delivery solutions, enhancing efficiency and reliability in logistics. Their system offers a seamless, on-demand delivery service, reducing delivery times and costs while improving customer satisfaction.”

The remaining finalists, who each received a $500,000 investment, include:

Aerialoop – Miami, FL, USA
Aerialoop’s drones streamline deliveries by creating efficient middle-mile networks between warehouses and stores, enabling faster and more affordable shipping.

Crover – Edinburgh, Scotland, UK 
Crover develops uncrewed vehicles/systems that can “swim” through grains and powders to monitor and manage grain storage more accurately, helping operators reduce losses, improve quality, and ensure better safety. 

Flyhound – New York, NY, USA 
Flyhound helps public safety agencies save lives by locating and identifying people fast in emergencies using their existing drone.

INVOLI – Lausanne, Switzerland
INVOLI provides innovative, cost-effective surveillance solutions for low-altitude airspace, enhancing safety and operational efficiency for drone operators, small airports, and infrastructure managers.

The Central New York and Mohawk Valley regions have solidified their standing as the nation’s premier destination for uncrewed systems businesses. Thanks to New York state’s targeted investments in infrastructure, like the FAA-designated NY UAS Test Site at Griffiss Airport ($56 million) and the ongoing expansion of CenterState CEO’s Tech Garden in downtown Syracuse ($16.6 million), Central New York is rapidly becoming a global center for UAS innovation and economic growth.

In 2023, the state continued its leadership in Advanced Air Mobility (AAM) by funding the NUAIR Center of Excellence for AAM with a $21 million grant at Syracuse International Airport. The NUAIR site now offers 240 square miles of beyond visual line of sight (BVLOS) airspace for testing and commercial UAS operations, blending controlled and uncontrolled airspace across urban and rural environments.

The event’s judges include experts from across the startup and UAS sector, including Mariah Murray, VP of Operations at AVSS; Kevin May, VP of Engineering at Hidden Level; Jennifer Tegan, Managing Director at New York Ventures; Pete Mathias, Principle at Alumni Ventures; Chuck Green, President of AIS; and Somak Chattopadhyay, Managing Partner at Armory Square Ventures.   

GENIUS NY will open applications for its ninth cohort on Jan. 9, 2025. To learn more and apply, visit www.geniusny.com.

Posted by William Mackenzie Will is a Content Specialist at Advanced Air Mobility International. He joined in 2024 with a background in professional copywriting, and writes on developments in electric aircraft, zero-emission flight systems, and next-generation air transport. His coverage highlights the technologies, regulations, and industry shifts driving the evolution of sustainable and autonomous aviation. Connect

Latest Articles

Archer Aviation to Participate in White House eVTOL Integration Pilot Program

Archer partners with U.S. airlines and cities under the eVTOL Integration Pilot Program to demonstrate safe, quiet, and scalable electric air taxi operations, supporting the path toward eventual commercial deployment

Sep 18, 2025
Joby Plans Participation in White House eVTOL Integration Program

Joby Aviation is aiming to join the White House eVTOL Integration Pilot Program (eIPP), showcasing its mature eVTOL technology, FAA certification progress, and growing production capacity for future air taxi operations

Sep 17, 2025
XPENG AEROHT eVTOL Secures Manned Flight Permit & Partnership Agreement in UAE

XPENG AEROHT has been granted a manned flight permit in the UAE and signed a collaboration for its modular flying car, Land Aircraft Carrier, following successful flight demonstrations, inspections, and advancements in eVTOL technology

Sep 16, 2025
Future Passenger Journeys Combining eVTOL Flights & Rail

SkyDrive and JR East demonstrated how eVTOL flights could seamlessly connect with rail travel, showcasing future multimodal transportation and announcing a SKYDRIVE aircraft pre-order

Sep 15, 2025
Piloted Wingborne Testing Completed for Full-Scale eVTOL Prototype

Vertical Aerospace has completed Phase 3 piloted wingborne testing of its full-scale VX4 eVTOL prototype, demonstrating stable takeoff, flight, and landing using wing-generated lift over 250 miles of test flights in preparation for its final transition stage

Sep 12, 2025
Joby Demonstrates Superpilot Autonomous Flight in U.S. Pacific Defense Exercise

Joby Aviation has successfully validated its Superpilot autonomous flight system during the U.S. Air Force’s REFORPAC exercise, completing over 7,000 miles and 40 hours of autonomous operations across the Pacific

Sep 11, 2025