Cog Systems, an IoT device security startup from Sydney raised a $3.5M Series A round from the Grok Ventures led by Co-founder of software firm Atlassian.
Cog Systems primarily provides device protection and secure communication via its D4 platform offering non-bypassable full disk encryption, nested VPNs, separation kernel protection, and isolated key store.
It also provides embedded software SDKs (software development kits). The startup is targeting enterprise and government customers as it recently named Immix Group as the distributor to US Local, State, and Federal government. Customers can use the technology to secure their voice, video, and call data using Cog System’s D4 encryption technology. Mobile, gateways and IoT devices are the main devices secured by Cog Systems.
The startup plans to use the funding proceeds to open a new office in San Francisco. It already operates offices in Sydney and Chicago. “By steering the security architecture from monolithic to modular, we have brought proactive security to governments and the enterprise without compromising the user experience,” said Cog Systems CEO Daniel Potts.
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UK drone technology and service provider uVue has taken delivery of what is believed to be the world’s first ever production hydrogen drone – the MMC Hydrone 1550 – enabling a new era for drone technology services in the UK to begin.
According to uVue, the MMC Hydrone 1500 is a huge breakthrough for the drone services industry because it is now a viable alternative for many services providers using manned helicopters and light aircraft. As a comparison, current battery powered drones average a 30 minute flight time with the voltage constantly dropping during flight. This compares to the MMC Hydrone 1500’s equivalent of three hours with a consistent voltage throughout.
The ultimate cost savings for many industries choosing an MMC Hydrone 1500 solution are therefore transformational. Examples of application industries that will benefit from this ground-breaking drone include precision agriculture, security & surveillance, traffic monitoring, emergency services and construction, to name a few.
Russ Delaney, director of Tech Ops at uVue, an ex-British Army helicopter instructor and drone pilot with more than 20 years’ experience of unmanned aerial vehicles (UAVs) comments, “After extensive research into drone technology and potential solutions, we are delighted to be the first company to have been appointed to distribute and licence this incredible machine in the UK.
Aside from its robust performance, I am particularly impressed by the endurance of the MMC Hydrone 1500 – up to three hours flight time with a 2kg payload – making this a genuine game changer in our industry. The endurance of this particular Hydrone is so strong that it offers a real alternative to full-sized rotary aircraft.“
The key focus for uVue during the introduction of the Hydrone 1550 was that all of the onboard systems met the very high safety standards required to operate the drone safely within the UK commercial drone airspace, whilst also remaining within the regulations set by the Civil Aviation Authority (CAA).
uVue is the exclusive licensed distributor for all MMC Drones and the MMC Hydrone 1550 is available to be bought or hired as a service proposition from uVue here.
Click here to see a video of the drone in flight.
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