Our vision in FuVeX is to lead the current revolution of long-range autonomous aerial vehicles. To do so, our beachhead market is the power lines inspections where clients are willing to invest in new
technologies to digitize their assets as currently they are using manned helicopters that are expensive, pollutant and have human risks. To replace these vehicles for long-range drones, the main issue is that drones must be able to fly safely and legally ranges above 9,4 km. to be economically viable. However, flying ranges above 500 m. require authorization from the regulatory bodies and the requirements are still to be entirely determined under the new EU regulatory framework. To capitalize on this new highly regulated market, in FuVeX we have adopted a lean startup approach to quickly introduce the evolving regulatory requirements in our aircraft while we burn as little cash as possible (20-30 k€/month) as long as the regulatory requirements are unclear.
Besides, we have generated the ecosystem of key alliances across the ecosystem (regulators, key early adopters, legal support, tech. partners, etc.) to develop use cases to pioneer the legal and
technical implementation of long-range drones. With these allies, we have co-created the aircraft with patented technology capable of replacing manned helicopters in power line inspections.
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