Key Deal Facts
Hylio is at the intersection of the Agricultural Equipment Market ($139B in 2018), Global Drone Market ($43B by 2024), Agtech Market ($22B by 2025), and the Precision Agricultural Market ($11B by 2025).
We have customers across 6 countries, including the Government of El Salvador, Texas A&M, RiceTec, Mitre Corporation, AgEagle, King Ranch, and 21st Century Equipment. Hylio's YoY sales have been growing at a 347.25% average rate since 2019.
Hylio has developed revolutionary, proprietary technology assets in-house; including the industry leading drone control software AgroSol.
Management Team / Advisory Board Bios
Arthur Erickson, CEO/Co-Founder
Arthur's intense interest in UAS began when he was studying aerospace engineering at the University of Texas at Austin. While studying, he worked with a research team at UT to deploy drones for disaster prediction/response and transportation optimization. Recognizing the enormous potential of UAS technology, Arthur, and some other UT alumni decided to form Hylio in 2015. In 2017, Arthur applied his experience and passion for UAS by leading Hylio's parcel delivery project in Costa Rica alongside on-demand delivery startup, GoPato. Now Arthur leverages his technical and management experience to lead Hylio as it applies it revolutionizes the global ag-sector.
Nikhil Dixit, CTO/Co-founder
Nikhil Dixit received dual degrees in electrical engineering and computer science from the University of Texas at Austin and went on to receive a master's in computer architecture from UT as well. Nikhil's passion for technology began at a very young age and he began to seriously experiment with UAS software and hardware design while at UT. Nikhil has deep industry experience from his time working as a project leader on artificial intelligence at Nvidia. Since forming Hylio with UT alumni in 2015, Nikhil leads a team of developers and engineers to create game-changing UAS technology for the ag-sector.
Mike Oda , CFO/Co-Founder
When he was just 15 years old, Mike Oda began managing many of his family's businesses including wholesale import and distribution of engineering products, a housing development, and Wagyu cattle ranch. While juggling those responsibilities, he received a degree in Finance from the UT Austin McCombs school of business. He formed Hylio alongside fellow UT alumni in 2015 and now applies his wealth of finance knowledge and business management experience to the company as it explosively grows.
Nicholas Nawratil, COO/Co-Founder
Nick Nawratil first began working with UAS when he was studying aerospace engineering at UT Austin. While studying, he started and managed a utilities installation company that serviced the greater Austin area. Nick joined Hylio in 2017 and manages the distribution and production of its technology while also being heavily involved in the product design and implementation.
Elisabeth Veerman, Head of Marketing & Media
Elisabeth graduated from Texas A&M with a degree in environmental geoscience but since graduating, she has honed her skills as an industry expert in marketing, multimedia content generation, and website design. She has successfully launched and maintained marketing campaigns and websites for several companies, including retailers, restaurants, and real estate projects. Elisabeth directs Hylio's marketing and media departments, ensuring that Hylio's technology is able to reach huge audiences.
Salvador Ramirez, Director of Operations
Salvador is a serial entrepeneur with decades of startup ownership and management under his belt. After graduating with an economics degree from ESEN, Salvador started and managed several companies including GetMyFood (on-demand delivery) and DroneX (drone spraying services). Salvador leverages his startup experience, marketing acumen, and managerial skillset to help inform Hylio’s sales and product strategies.
Carlos Mercado, Director of Sales
Carlos Mercado graduated from EAP Zamorano with a degree in Agroindustrial Engineering. After graduating, he began working at Grupo Fertica and now serves as a territorial sales manager for them. Carlos uses his deep understanding of the agricultural industry to help ensure that Hylio’s products align with real farmers’ needs.
