New York Governor Kathy Hochul has announced the winner of the $1M grand prize from round six of GENIUS NY: Arcangel Imaging!
A UK-based organization, Archangel Imaging deploys smart machines, alongside people, to protect valuable assets and at-risk staff in remote or challenging places. Whether its cables being stolen, oil being tapped, or elephants poached for ivory, the company provides the ability for the security team to know before these incidents are about to happen and immediately intervene or follow up.
The GENIUS NY program is the world’s largest business accelerator competition focused on unmanned systems, data to decision, and IoT. The year-long event awarded five finalist teams a total of $3 million, including investments of $1 million and four $500,000 awards.
GENIUS NY, which is administered by CenterState CEO’s Tech Garden in Syracuse, offers incubator space, company resources, programming, and mentoring to accelerator finalists. To date, New York State has invested $18 million in 32 GENIUS NY teams over the program's six rounds. Participants are required to operate their business in Central New York for at least one year.
“As we continue to support innovation and key industries throughout New York, key investments are being made to revitalize Central New York,” Governor Hochul said. “The GENIUS NY competition continues to transform the landscape of Central New York by attracting the next generation of innovative entrepreneurs from around the world to the region. Our continued investment in uncrewed aerial system businesses is helping to ensure that New York State remains at the forefront of this important industry, bringing quality jobs and economic growth to the region.”
To read the full press release, click here!
To learn more about this amazing challenge, click here!