# WaveAerospace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/waveaerospace

- Industry: Aerospace
- Headquarters: Stamford, US
- Website: waveaerospace.com
- Total disclosed funding: $1M
- Latest round: Series A (Aug 9, 2023)
- Investors on record: 2

## About

Based in Connecticut, US, and founded in 2014 by CEO Mark Strauss and Steve Bofill, WaveAerospace, Inc., a.k.a. WaveAerospace operates as a designer and manufacturer of multirotor aircraft capable of flying in bad weather conditions. In August 2023, WaveAerospace, Inc. raised USD 1 million in a Series A funding round from Augurey Ventures and Brookline Capital Markets. This round was part of a larger USD 3 million venture funding.

The company’s product line includes Falcon II LE, Nyx, Huntress, Huntress II, Search Light, and a multi-band mesh communication system. WaveAerospace has also patented and pending patent aircraft designs that allow it to overcome the innate physical limits of existing rotorcraft. The firm's products are built to military specifications for reconnaissance (C3ISR), communications, logistics, and search and rescue operations.

The company plans to use its proceeds from August 2023 funding to support scaling production of its existing aircraft and the full commercialization of its most powerful rotorcraft, the Huntress II hybrid electric turbojet.

## Funding rounds

- Series A, Aug 9, 2023, $1M — Brookline Capital Markets, Augurey Capital Advisors

## Investors

- Brookline Capital Markets — Series A
- Augurey Capital Advisors (https://capitalatlas.ai/funds/augurey-capital-advisors) — Series A