Asteria Aerospace: Pioneering Drone-Based Solutions
Founded by Neel Mehta and Nihar Vartak, Asteria Aerospace develops innovative drone solutions tailored for industries such as military, law enforcement, mining, construction, and oil. Their products, including the fixed-wing Cygnus and the multi-rotor A400 drones, integrate seamlessly into operational workflows, providing actionable intelligence from aerial data. The company’s software platform, Genesis, offers comprehensive drone control and fleet management capabilities.
Rajat Khare’s Vision for AI and Robotics
Rajat Khare, founder of Boundary Holding, expressed confidence in Asteria’s potential, stating, “Asteria Aerospace is well-positioned to fly higher.” This investment reflects Boundary Holding’s strategy to support companies at the forefront of AI and robotics innovation.
Expanding the AI Investment Portfolio
This investment in Asteria Aerospace complements Boundary Holding’s previous funding of XRVision, a Singapore-based facial recognition startup. By building a diverse portfolio in the AI value chain, Boundary Holding aims to capitalize on transformative technologies in surveillance, analytics, and industrial operations.
About Boundary Holding
Based in Luxembourg and France, Boundary Holding is an investment fund that supports startups in AI and emerging technologies. Founded by Rajat Khare, an IIT-Delhi alumnus, the firm focuses on bridging investments for tech entrepreneurs and fostering capital-efficient business models.
Boundary Holding’s investment in Asteria Aerospace underscores its dedication to advancing AI and robotics innovations, positioning both companies for significant growth in the evolving technological landscape.
