Globally, the drone market is projected to grow to $340 billion and the robotics sector to $910 billion by 2040.
New York City is part of this growth story: in the period from 2016-2024, VCs invested nearly $2.5B into New York City-based robotics and drones companies.
With a robust innovation ecosystem, a dense urban environment, access to capital, and a diverse and highly skilled talent pool, New York City aims to ensure that the future of this technology isn’t just brought here—but built here.
VC Funding to NYC’s robotics and drones sector from 2016-2024
Piloting programs for robotics and drone entrepreneurs in NYC
Engineering schools based in New York City
Piloting programs for robotics and drone entrepreneurs in NYC
VC Funding to NYC’s robotics and drones sector from 2016-2024
Engineering schools based in New York City
From autonomous aerial inspections to robotic systems in advanced manufacturing, we’re building the infrastructure and partnerships to make NYC a global leader in drones and robotics by:
- Enabling pilot projects for aerial and water robotics in collaboration with city agencies through unique opportunities like Pilots at BAT.
- Expanding access to robotics labs, fabrication tools, and industrial R&D space through investments in cutting-edge fabrication and lab spaces at locations like BATWorks.
- Connecting startups with public sector challenges through partnerships with innovation platforms like Newlab’s DOT Partnership.
- Investing in workforce development to train New Yorkers for high-growth careers in AI, and robotics through programming like the Startup Internship Program and Tech:NYC's Decoded Futures program.
Beyond developing the sector more broadly, the City itself was an early adopter of these new technologies. Drones and robotics have kept New Yorkers safer, from patrolling beaches for sharks (NYC Emergency Management) to managing crises like the 2024 Prospect Park Brush Fire (Fire Department New York) and enabling the inspection of building facades for structural integrity (Department of Buildings).
What’s Next?
To further support these sectors, NYCEDC wants to better understand the landscape of companies in this realm to accelerate corporate innovation and integrate cutting-edge technology into servicing the city's infrastructure. For example, using drones for structural inspections and climate resiliency monitoring, the City can enhance data collection and improve efficiency while ensuring the safety of workers and residents and cost effectiveness.
Join the NYCEDC Network
The next Interest Form Packet will be distributed in the spring of 2026.