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

Skyportz Unveils Aeroberm Vertipad at Dubai Airshow

New modular landing system from Skyports aims to enable property developers and asset owners to join the Advanced Air Mobility network affordably and safely

Nov 21, 2025
Hybrid-Electric VTOL Aircraft Program Secures Major Investment & Partnership

Ambitious Air Mobility Group is partnering with Zuri.com to accelerate the certification and production of hybrid-electric vertical take-off and landing platforms

Nov 20, 2025
EHang Completes Pilotless eVTOL Flights in Doha

EHang's trial operation demonstrated the potential for Urban Air Mobility and aerial shuttle service in the Middle East, connecting key city landmarks

Nov 19, 2025
Vertical’s VX4 eVTOL Prototype Enters Piloted Transition Testing Stage

Vertical Aerospace begins Phase 4 transition testing of its VX4 prototype after receiving a Permit to Fly from the UK Civil Aviation Authority, marking the start of piloted transition evaluations

Nov 18, 2025
TCab Tech Launches Global ‘Air Silk Road’ Initiative & NexAvian Partnership to Drive eVTOL Expansion

The program, launched at the China International Import Expo, is designed to build a global ecosystem for Advanced Air Mobility and accelerate the international rollout of the E20 eVTOL

Nov 17, 2025
Archer Completes In-Country Flight Tests in UAE for Midnight eVTOL Aircraft

In-country flight campaign in the UAE showcases the Archer aircraft’s full flight envelope over desert areas, supporting the goal of making Abu Dhabi the first region for commercial operations

Nov 14, 2025