EWatt Technology develops industrial-grade UAVs and offers end-to-end UAV solutions including research, design, development, production, and implementation of UAV systems. Its product lineup includes multi-rotors, fixed-wing aircraft, helicopters and a broad range of payloads. The company also provides UAV services and is building a flight services business to support commercial deployment. Founded in 2010 by Guocheng Zhao and four partners, EWatt employs more than 300 people. The firm plans to use recent funding to build a new UAV production base, expand domestic market share, accelerate new product development, and develop a big-data management platform to support its offerings and civilian market expansion.

Total raised

$20M

Funding rounds

1

Latest round

Series B

Latest activity

Sep 2017