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Aerospec - About the company

Aerospec is a seed company based in Boston (United States), founded in 2015 by Lance Li and Xiaorui Ma. It operates as a Drone-based operation and maintenance services for renewable projects. Aerospec has raised an undisclosed amount in funding from Plug and Play Tech Center and Cleantech University Prize. The company has 326 active competitors, including 36 funded and 13 that have exited. Its top competitors include companies like DroneAcharya, Altaeros and SORA Technology.

Company Details

Drone-based operation and maintenance services for renewable projects. The company is developing a three-axis flight control system that autonomously collects high-quality data in the energy industry and sends it to data management platforms, more specifically for the solar and wind power generation plants. The company provides 3 kinds of services, panel cleaning for solar power plants, a drone-based solar plant inspection system, to identify hotspots or module malfunctions during the PV inspection phase, and thirdly, a drone-based service for anomaly detection in wind turbines.
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Email ID
*****@aerospec.us
Phone Number
+1 **********
Key Metrics
Founded Year
2015
Location
Boston, United States
Stage
Seed
Latest Funding Round
Ranked
Employee Count
2 as on May 31, 2026
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Aerospec's funding and investors

Aerospec has raised funding over 3 rounds. Its first funding round was on Feb 08, 2018. Its latest funding round was a Seed round on 2018 for $*****. 1 investor participated in its latest round. Aerospec has 5 institutional investors.

Here is the list of recent funding rounds of Aerospec:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2018
6976
Seed
2728
9716
7910
1985
2018
4604
Seed
5503
3240
3937
4736
Feb 08, 2018
3360668
Grant (prize money)
7704479
1433458
8081415
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Aerospec's founders and board of directors

Founder? Claim Profile
The founders of Aerospec are Lance Li and Xiaorui Ma. Lance Li is the CEO of Aerospec.
Here are the details of Aerospec's key team members:

Aerospec's employee count trend

Aerospec has 2 employees as of May 26. Here is Aerospec's employee count trend over the years:
Employee count trend for Aerospec
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Aerospec's Competitors and alternates

Top competitors of Aerospec include DroneAcharya, Altaeros and SORA Technology. Here is the list of Top 10 competitors of Aerospec, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for DroneAcharya
DroneAcharya
2017, Pune (India), Public
Provider of drone-based solutions, training, and services for various industries
$4.76M
59/100
2nd
Logo for Altaeros
Altaeros
2010, Somerville (United States), Series B
Provider of wireless network infrastructure solutions
$67.2M
56/100
3rd
Logo for SORA Technology
SORA Technology
2020, Nagoya (Japan), Seed
Developer of multi-utility drones and solutions
$7.2M
54/100
4th
Logo for Flylogix
Flylogix
2015, Lee on the Solent (United Kingdom), Series A
Unmanned aircraft for remote operations and monitoring
$3.95M
53/100
5th
Logo for Parallel Flight
Parallel Flight
2018, Watsonville (United States), Seed
Provider of a drone platform for industrial applications
$1.34M
51/100
6th
Logo for Droni Tech
Droni Tech
2018, Mumbai (India), Seed
Provider of drone-based solutions for surveying, mapping, inspection, and security
$738K
49/100
7th
Logo for GarudaUAV
GarudaUAV
2017, Noida (India), Acquired
Provider of AI-powered drone survey and inspection services
-
-
46/100
8th
Logo for Garuda
Garuda
2013, Singapore (Singapore), Funding Raised
Drone fleet management systems for businesses
-
46/100
9th
Logo for Droneverse
Droneverse
2022, Gurugram (India), Unfunded
Provider of engaging drone training courses led by industry experts
-
-
46/100
10th
Logo for AVPL International
AVPL International
2016, Gurugram (India), Funding Raised
Provider of drone technology manufacturing training and aerial precision services
-
45/100
29th
Logo for Aerospec
Aerospec
2015, Boston (United States), Seed
Drone-based operation and maintenance services for renewable projects
-
36/100
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Aerospec's Investments and acquisitions

Aerospec has made no investments or acquisitions yet.

Reports related to Aerospec

Here is the latest report on Aerospec's sector:

FAQs about Aerospec

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