Packet Digital, LLC

Packet Digital, LLC specializes in high-performance battery systems for unmanned aircraft systems and autonomous applications, providing smart batteries with advanced monitoring capabilities that enhance reliability and longevity in demanding environments. Founded in 2004 and based in Fargo, US, Packet Digital, LLC designs and manufactures battery systems for unmanned aircraft systems and autonomous applications. The company has undergone strategic developments, securing multiple contracts, including a significant one for UAS smart batteries. The firm has raised a total of USD 9.

69 mn through funding, with the latest round occurring in April 2018. The CEO is Terri Zimmerman, who has led the company through its evolution in the aerospace and defense markets. Packet Digital specializes in the design, manufacture, and assembly of high-performance battery systems tailored for unmanned aircraft systems (UAS) and other autonomous applications. Their core offerings include smart batteries equipped with advanced electronics that enable real-time monitoring and performance data reporting.

These batteries extend flight times even under increased payloads, ensuring reliable operation over prolonged lifetimes. Packet Digital also develops smart chargers and power systems that integrate seamlessly with their battery solutions, catering to both military and commercial clients. The company's products are utilized by defense organizations such as the U. S.

Navy and Air Force, as well as commercial entities worldwide, focusing on regions that require advanced UAS capabilities and space power solutions. Packet Digital generates revenue primarily through contracts and partnerships with government entities, particularly the U. S. military.

The company has secured significant contracts, including an USD 8. 5 mn agreement for the development of UAS smart batteries and an additional USD 7. 2 mn contract for space power solutions. These agreements typically involve the delivery of custom battery systems and related components, with payment structures often based on milestones or project phases.

The transactions are primarily B2B, focusing on government and military sectors, which require specialized, high-performance power systems. Packet Digital aims to leverage its recent funding of USD 9. 69 mn raised in April 2018 to develop new products such as advanced battery systems and smart charging technologies. The company is looking to expand its market presence, particularly targeting sectors in defense and commercial aerospace, with plans to enhance offerings by the end of 2023.

The funding will support the R&D efforts necessary to finalize these innovations and facilitate entry into new geographic markets.