Industrial Inspection
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Foresight and Indian Drone Manufacturer Secure $5 Million Grant for Autonomous Industrial Drone Commercialization
Foresight Autonomous Holdings secured I4F approval and $5 million in funding for a joint drone development project with Big Bang Boom Solutions, commencing September 2025. The 24-month project aims to create autonomous industrial inspection drones with visible-light and thermal sensors for GPS-denied environments. Big Bang projects potential revenue of $32 million by 2031, targeting industries driving the drone inspection market, expected to reach $21.3 billion by 2027. The ruggedized drones will enhance safety and efficiency in sectors like oil & gas and mining.
