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Fortune
Fortune
Jeff John Roberts

This drone tracking startup will pay out crypto if you buy its $949 sensor

(Credit: Creative commons)

As a growing fleet of drones hover over U.S. skies, the devices are giving rise to security concerns. In some cases, the potential threat is real while others, like a 2024 UFO panic in New Jersey, are rooted more in popular hysteria. Both situations underscore the need for keeping track of drones and, on Wednesday, a fast-growing startup called SkySafe announced a novel plan for the public to help it do just that.

San Diego-based SkySafe tracks drones, and sells the data it collects to government agencies, airports, stadium operators and others. It does this by installing sensors on buildings and other locations. The sensors read the transmitters that every drone manufacturer must include, allowing SkySafe to create a real-time digital interface that shows all the drones in a given radius, as well as who is operating them. Now, it wants you to join in these efforts—and says it will pay you a share of its revenue in the form of crypto tokens.

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