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California jet drone startup New Frontier Aerospace wins grant from F3 Tech Accelerator

New Frontier Aerospace
LIVERMORE, Calif. - PrZen -- New Frontier Aerospace (NFA), builders of fast jet drones for cargo, military and other uses recently completed the competitively selected F³ Tech pre-accelerator – winning a $3,000 mini-grant from the program.

NFA's autonomous vertical takeoff and landing jet drone technology, combines the best features of a helicopter and a jet airplane.  It can deliver same day parcels – transport perishable pharmaceuticals and vaccines to patients in need – deliver supplies to the troops, track smugglers far out at sea - all twice as fast as conventional drone technology.

"We see value in NFA's concept – and wanted to support a technology with the potential to deliver high priority cargoes faster than conventional drones", said Mike Thielke, Executive Director of Maryland's Eastern Shore Entrepreneurship Center, which manages the F³ program.

"This grant will help us get our jet drone prototype in the air – and show government and commercial customers what fast drone technology can do for them", said NFA CEO, Bill Bruner.

Over the next few months, NFA will demonstrate the F3-funded prototype for potential customers around the country – opportunities to see the prototype fly will be announced as information becomes available.

About NFA: New Frontier Aerospace builds winged jet drones that take-off & land vertically - and can also fly like airplanes.

With jet propulsion, NFA drones gets customer cargoes to their destinations much faster than propeller-driven drones.

Contact: info@nfaero.com

About F3 Tech: F³ Tech (Farm-Fish-Food) is a Maryland private/public initiative that is creating a new renaissance of economic growth and prosperity through innovation and technology which is built upon the state's traditional industries of agriculture and seafood. The overall program is a pipeline of three components through which entrepreneurs, innovators, startups, and existing businesses go through the proof-of-concept and commercialization of new product and service ideas and innovations. The initiative includes partners and resources from Maryland and across the country.

Contact: info@f3tech.org

New Frontier Aerospace

Source: New Frontier Aerospace
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