Ιστολόγιο
Wright Technologies
Startup, Business & Product
2019
Project Overview
Wright Technologies was co-founded following a victory at the International ActInSpace Competition in 2018, competing against 2,229 participants from 32 countries. The team prototyped a tamper-proof identification and registration system for drones using GNSS data, developed a business case for commercializing the technology, and researched regulatory requirements for its rollout.
The company initially developed Seraph (later renamed Orville), a remote identification tool, along with a distributed ledger system to securely integrate drones into high-risk environments. Wright Technologies later pivoted to Akita, a smart watchdog platform focused on combating cargo theft in the logistics industry.
My Work
Business Development: Led the business strategy, market identification, and product positioning for both Orville and Akita, working to secure partnerships and funding.
Product Development: Directed the development of Akita, a cargo security system designed to track trucks, trailers, and containers, and alert freight companies to intrusions. Conducted market research and iterated on the product based on user feedback.
Software Engineering: Involved in the hands-on development and technical implementation of the distributed ledger system used to integrate drones securely into high-risk environments.
Awards & Recognition: Wright Technologies won both the International ActInSpace Competition and the South Australian Blockchain Innovation Challenge, securing $50,000 in grant funding.
Outcome
Successfully developed and launched the MVP of both Orville and Akita, but ultimately, the company was unable to secure long-term product-market fit, leading to its closure.
Despite the eventual outcome, the project allowed me to build a robust network within the blockchain and drone industries and provided invaluable lessons in startup growth, product development, and market alignment.
Learnings
The importance of identifying product-market fit early in the product lifecycle, and the need to pivot quickly when necessary.
Gained deep insights into distributed ledger technology and the complexities of integrating emerging technologies such as drones into existing regulatory frameworks.
The experience of building a startup from the ground up, winning international awards, and forming industry connections, while also navigating the challenges of scaling and sustaining a tech company.