Propeller Aero partners with Wingtra on data and 3D mapping
Propeller Aero, the drone data visualization and analytics platform and Wingtra, the professional Vertical Take Off and Landing (VTOL) drone manufacturer for mapping and surveying, have joined forces to deliver highly accurate site data and 3D mapping to construction and earthworks companies globally.
Designed specifically for the construction and earthworks industry, the Propeller Platform and WingtraOne drone partnership make it easy for construction professionals to collect survey-grade data across their entire worksite, consistently and accurately. What used to take days or weeks, can now be completed in hours, with more accuracy and reliability.
To operate, Surveyors place Propeller AeroPoints (smart ground control points) on their worksite, then fly the WingtraOne drone to collect worksite survey data. Survey images are uploaded to Propeller’s cloud-based platform where the fully automated geotagging and photogrammetry processing is completed within 24 hours of submission on the platform.
“Many Propeller customers are flying massive mines, road and railway projects, and other large sites, and are seeing the value of VTOL drones for their operations,” said Jack Nachazel, Customer Success Engineer at Propeller Aero. “Our partnership with Wingtra meets a significant demand in the industry for more efficient and highly accurate survey data that supports not only time and cost savings, but also reliable data you can trust."
WingtraOne data collection with AeroPoints and Propeller PPK reduces risk and improves efficiency by serving as a reliable, single source for survey data and progress. Unlike traditional survey methods, which require manual, error-prone data collection, surveyors can quickly and easily fly their site on a regular basis to collect and process survey data.
Teams across the entire worksite can view geographically accurate and realistic 3D site models and track, inspect, and report on job progress and productivity safely and accurately. This increased accuracy and reliability has been shown to reduce conflict, more quickly resolve disputes, and drive more pre-construction bid precision.
“Improving accuracy, reliability, and efficiency for survey data is imperative for our customers. Partnering with Propeller to provide a complete solution with the WingtraOne drone, AeroPoints™, and Propeller’s PPK data processing and visualization is the right step toward better serving our customers,” said Julian Surber, Product Manager at Wingtra.
Whether it’s a highway, an industrial complex, or a mine, Propeller and Wingtra enable surveyors to seamlessly collect and analyze survey-grade data to ensure their projects are on track, on budget, and on spec.
HCSS, a leading provider of innovative solutions that help heavy civil businesses streamline their operations, recently introduced a new version of HCSS Aerial, a drone-based data analytics platform. This upgrade, the sixth major release of the software since the product was launched in March 2020, contains design visualization and digital inspection enhancements.
Demand for autonomous last mile delivery is skyrocketing with the rising adoption of autonomous vehicles for the delivery of products without any human intervention. The market is registering stellar projections with increasing demand for aerial delivery drones.
XYZ Reality receives £20m to develop Assisted Reality
Founded in 2017, XYZ Reality aims to "revolutionise" the construction sector with its Engineering-Grade Augmented Reality (AR) solution, Holosite.
Designed to enable an on time and on budget delivery of construction projects, by eliminating building errors, HoloSite has been available to select customers through an early access programme and has already been used on projects totalling a value of over £1.5bn in the last year.
With approximately 98% of construction megaprojects facing cost overruns or delays and 7-11% of project costs being spent on correcting errors, XYZ Reality’s purpose-built integrated AR solution directly addresses these issues.
With its safety certified AR hardhat, cloud platform and in-built proprietary software, Holosite accurately positions high fidelity 3D design models on construction sites, enabling teams to build it right, first time. The technology system has been used on complex construction projects including data centres, pharmaceutical facilities and airports.
This funding will be used to accelerate the company’s ambition of transforming projects by preparing for HoloSite’s commercial launch in the USA and continuing investment in strengthening research and development. The company is also growing its London team to include key hires across technology, manufacturing, sales and marketing.
David Mitchell, Founder and CEO of XYZ Reality, said developing its engineering-Grade AR solution helping construction teams identify errors in real-time is just the start.
"The next phase is Assisted Reality, where our spatial computing technology will have the intelligence to automatically detect and report issues in the field. And ultimately, the goal is builders building from holograms. Our vision of developing world changing products aligns with Octopus Ventures’ mission of investing in companies that are powering the next industrial revolution. We look forward to building history.”
The latest round of funding is led by Octopus Ventures, one of the largest and most active venture investors in Europe, known for its commitment of investing in companies and founders that are changing the world. Octopus Ventures has a strong track record, spanning investment in health, fintech, consumer, B2B software, and deep tech. This includes WaveOptics, one of Octopus Ventures’ early investments in Augmented Reality, which was recently acquired by Snap Inc.
Rebecca Hunt, early-stage investor at Octopus Ventures, said: "We’ve always invested in entrepreneurs leading industry change and XYZ is doing just that. It's solving a massive problem that costs the construction industry billions every year, using its Engineering-Grade Augmented Reality solution to spearhead a shift in the sector’s approach. The founding team of David, Umar and Murray have deep domain and technical expertise, which we believe makes XYZ uniquely placed to drive this transformation.”
XYZ Reality also announces a new partnership with Mace, for the construction of a hyper-scale data centre in Europe. With speed to market being particularly essential for mission critical builds, HoloSite’s AR technology will have a significant role in supporting an accurate and time effective build for Mace, which last week appointed Jon McElroy its new Managing Director for International Technology.
Mace Technical Director, Stephen Henley, said: “Mace has built a reputation of redefining the boundaries of ambition, always bringing efficiency, innovation and responsibility to our projects. With the implementation of XYZ’s groundbreaking AR system, we continue to be committed to delivering projects faster, safer and better than ever before.”
Five years ago, Heather Bellini of Goldman Sachs Research expected virtual and augmented reality to become an $80 billion market by 2025.
But according to new research by global tech market advisory firm ABI Research, nearly 28 million augmented and mixed reality smart glasses will ship in 2026, while the total global AR/MR market will surpass $175 billion in the same year.
"Major tech players across hardware, software, and services look familiar in the consumer space, contributing to strong and consistent overall growth," says Eric Abbruzzese, Research Director for ABI Research. "Those big tech names, with active investment and product ranging from already available, to announced, to all-but-announced, are creating a consumer AR market that will be dynamic and welcoming rather than struggling and immature."