Ben Franklin Technology Partners of Southeastern Pennsylvania
Ben Franklin Technology Partners of Southeastern Pennsylvania is a technology-focused capital provider based in Philadelphia, founded in 1982 to advance the region's technology community. The organization funds and supports technology companies across Pennsylvania, especially in information technology, health, and physical sciences, investing substantial capital in early-stage and established ventures. It has invested over 170 million dollars in more than 1,750 regional technology companies and has launched university-industry partnerships to translate scientific discoveries into commercial products, while seeding regional initiatives that strengthen the entrepreneurial ecosystem and create jobs.
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Past deals in Arctic
American Aerospace Technologies
Seed Round in 2015
American Aerospace Technologies is a provider of long-endurance unmanned and manned aerial services focused on the oil and gas industry. It delivers UAS integration solutions and develops payloads, sensors, and communications systems to capture, process, and distribute data for pipeline integrity management, facilities inspection, mapping, deep-water and arctic exploration, and emergency management. The company provides data products and distribution services, including survey-grade mapping, threat detection on pipeline corridors, high-bandwidth communications relay, and methane detection systems. It serves Fortune 500 companies, universities, and government agencies, supporting near-real-time patrols and large-scale infrastructure monitoring. Founded in 2000 and based in Conshohocken, Pennsylvania, the company operates in compliance with FAA regulations to provide safe, efficient aerial data services that enhance asset visibility and decision making in energy, utilities, and related sectors.
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