Drone Racing League Season 2: More Funding, More Drones

Marco Margaritoff for The Drive:  The 2017 season of Drone Racing League (DRL) will commence next Tuesday, at 8pm (ET) on June 20th. DRL pits the top drone pilots from around the world, maneuvering high speed quadcopters through fluorescent courses built around iconic international locations. We're one week away from the opening race and DRL has completed yet another round of Series B funding. According to TechCrunch, the additional $20m dollars comes from a combined effort from Sky (Telecommunications), Liberty Media Corporation (who actually owns the "Formula 1" racing brand), and Lux Capital. 

Not too shabby, especially since DRL has already raised capital from Allianz (sponsor of the Championship) and World Wrestling Entertainment, bringing their total to a whopping $32m. This funding adds much needed validity to the future success of the bleeding edge sport of drone racing, all while setting a precedent for how valued this new market is. 

Drone Racing League season one began in 2016, to an overwhelmingly large broadcast audience of over 28.2 million people in the United States alone. Instead of broadcasting live, DRL schedules air dates for episodes, so they can reach as many fans in all available time-zones as possible, as opposed to losing a chunk of their audience by committing to live broadcast date. Season two promises improvements, namely then new Racer 3, capable of speeds up to 90 mph, a significant increase from last year's 80 mph threshold.   Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

REIKU's Cable Saver™ - The Most Versatile Modular Robotic Cable Management Solution

REIKU's Cable Saver™ - The Most Versatile Modular Robotic Cable Management Solution

REIKU's Cable Saver™ Solution eliminates downtime, loss of revenue, expensive cable and hose replacement costs, maintenance labor costs. It's available in three sizes 36, 52 and 70 mm. All of the robots cables and hoses are protected when routed through the Cable Saver™ corrugated tubing.The Cable Saver™ uses a spring retraction system housed inside the Energy Tube™ to keep this service loop out of harms way in safe location at the rear of the Robot when not required. The Cable Saver™ is a COMPLETE solution for any make or model of robot. It installs quickly-on either side of the robot and has been tested to resist over 15 million repetitive cycles. REIKU is committed to providing the most modular, effective options for ensuring your robotic components operate without downtime due to cable management. www.CableSaver.com