Drone maker Fotokite wins $1 million GENIUS NY competition
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Syracuse, N.Y. -- Fotokite, a Switzerland-based company that developed a kite-like, tethered drone that can stay in the air almost indefinitely, won the $1 million grand prize in the GENIUS NY business competition Monday.
Fotokite's drones can fly a few hundred feet in the air attached to a retractable cord, then fly fully autonomously and beam live video to operators on the ground. Most drones can fly for less than 30 minutes on battery power, but Fotokite says its drones can fly 24/7 when connected through the tether to a power source.
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