The Russian company Cognitive Pilot intends to sell its agricultural drones across North and South America, including the US market. To this end, it has registered a subsidiary, ‘Cognitive Pilot Corp.,’ in Texas, reports Vedomosti.
Cognitive Pilot CEO Olga Uskova said the flying engines will initially be sold in Kansas, Ohio, Oklahoma and Texas, where no license is required for them, as well as in Delaware, where the company has obtained the required license.
Under plans, the company will sell some 2,000 drones by the end of 2022, including 700 in the USA and Canada and 700 in South America.
Implementing these plans might be challenging. In an exchange with East-West Digital News, US-based startup mentor Alex Kosik said: “There’s strong demand for industrial drones in the US, but strong supply, too. New players must find their niche and stress their value proposition in terms of technology, cost, support and marketing.”
Cognitive Pilot was co-founded in 2019 by Cognitive Technologies and Sber, the state-controlled financial and digital giant, to develop “digital economy projects in transport, agriculture, computer vision and artificial intelligence.” In early 2021, the company announced plans for a private placement prior to a potential IPO in 2022-2024.
Cognitive Technologies is a Russian software corporation that develops AI-based driver assistance systems. Founded in 1993, this company offers a variety of components for unmanned vehicles and remote control systems. In 2018, it claimed to have created the world’s first 4D radar for driverless tech.