Aerial systems developer Aeronyde has raised $4.7m in a seed financing round to develop a complete infrastructure for unmanned aerial vehicles (UAVs) or drones.

With the latest investment round, which was led by South Korean electronics manufacturer JASTech, Aeronyde will be able to develop the hardware and systems software for autonomous fleet management (AFM).

A complete Aeronyde hardware and software system comprises autonomous flying vehicles and processors, as well as airspace and flight path management, unmanned traffic management (UTM) and user interface and training programmes.

“We must ensure public safety is addressed prior to the commercial unmanned aerial system (UAS) industry boom.”

Aeronyde CEO Edgar Muñoz said: “In the 21st century, drones will shape global transportation and distribution and redefine the urban landscape, however, we’re not there yet.

“Adoption of UAV platforms depends wholeheartedly on the public’s acceptance of the technology.

“As an industry, we must ensure public safety is addressed prior to the commercial UAS industry boom.”

Aeronyde has previously combined artificial intelligence (AI) and augmented reality (AR) with a full-service system for the safe and secure operation of commercial drones.

In addition, the company has partnered with the US regulators and international associations to define standards and protocols for the safe implementation of commercial drone technology.

As part of its partnership with IBM Watson, Aeronyde is conducting testing, operating millions of flight simulations, and collecting data on the security of the system.