ALBANY, N.Y. — The Switzerland-based developer of a kite-like tethered drone has won the $1 million grand prize in a New York state business competition.

Democratic Gov. Andrew Cuomo announced Monday night that Zurich-based Fotokite won the second round of the state’s GENIUS NY business accelerator program.

The company makes video camera-equipped drones that can fly hundreds of feet in the air almost indefinitely when attached to a retractable cord and power source.

The winner was announced in Syracuse. Five other finalists split $1.25 million.

The competition is part of the Cuomo administration’s high-tech economic development policy for central New York, where the state has established a 50-mile unmanned drone testing corridor between Syracuse and Rome.

FotoKite CEO Chris McCall said his company will be expanding its operations in the region.

Author photo
The AP is one of the largest and most trusted sources of independent newsgathering. AP is neither privately owned nor government-funded; instead, as a not-for-profit news cooperative owned by its American newspaper and broadcast members, it can maintain its single-minded focus on newsgathering and its commitment to the highest standards of objective, accurate journalism.