Snowpoint Ventures led a funding round in FlightWave Aerospace.

Snowpoint Ventures, a venture capital firm, led a funding round in FlightWave Aerospace, a maker of cutting-edge unmanned aerial systems and integrated sensor technology, with participation from Catapult Ventures, Decisive Point Ventures. Financial terms were not disclosed. “Now, more than ever, securing our critical infrastructure and technologies in the U.S. is extremely important and a primary focus of our portfolio. FlightWave’s unique approach to the UAS industry is unlike anything we’ve seen in the market to date their modular design allows the current platform to be leveraged for both commercial and tactical applications via a unique interchangeable payload system in combination with a best in class fixed-wing VTOL platform,” Alex Creasey, Snowpoint Ventures Founder and General Partner.