Mc Lean, VA – According to filings with the U.S. Securities and Exchange Commission, AURA Network Systems is raising $55,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Bill Tolpegin played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About AURA Network Systems
AURA (which stands for Advanced Ultra Reliable Aviation) is on a mission to deliver an FAA-compliant nationwide network utilizing a unique, licensed aviation spectrum to accelerate advanced levels of autonomy in the National Airspace System. Its vision is to empower the aerospace industry’s pioneering technology solutions that improve accessibility and safety, drive economic expansion and further environmental sustainability while transforming the concept of aviation for crewed and uncrewed aircraft. AURAs frequencies in the 450 MHz band have extraordinary propagation characteristics ideal for secure and reliable communications. The company’s technology increases the commercial viability of autonomous operations.

To learn more about AURA Network Systems, visit http://www.auranetworksystems.com/

Contact:
Bill Tolpegin, Chief Executive Officer
703-786-9378
https://www.linkedin.com/in/bill-tolpegin-a5a79/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved