GENIUS NY Awards $3 Million in Investments, Including $1 Million Grand Prize
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GENIUS NY, the world's largest accelerator for uncrewed systems, awarded its $1 million grand prize to Aviant at its annual Innovation Night. Based in Norway, 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.
“Aviant leverages advanced drone technology to provide autonomous last-mile delivery solutions, enhancing efficiency and reliability in logistics,” Aviant CEO Lars Erik Fagernæs said. “Their system offers a seamless, on-demand delivery service, reducing delivery times and costs while improving customer satisfaction.”
GENIUS NY is funded by Empire State Development and operated by CenterState CEO. A total of $3 million is distributed after the program's pitch competition, 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.
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