Nearthlab Rounds Out 2022 On a High Note with The Third Minister Award
A massively successful year culminates with a triple crown
Dec. 22, 2022 – Nearthlab, a leading provider of autonomous drone solutions, was named the recipient of the Minister’s Award from the Ministry of SMEs and Startups (MSS). This is the third time the company has earned a federal accolade in a calendar year – an unprecedented feat that heralds a new era of startup success.
Every year, the Minister’s Award spotlights select few industry leaders paving the path for innovation and next-level entrepreneurship. Nearthlab was recognized for posting double-digit growth despite unfavorable market conditions, projecting a glimmer of hope for the startup scene.
“Though odds aren’t exactly falling in our favor at the moment, startups that embrace a growth mindset backed by airtight expansion strategy and tech-driven product will be able to fare through even the most challenging of times,” said Jay Choi, co-founder and CEO.
Well on track to reaching unicorn status after a successful round of Series C funding, Nearthlab is counting down the days until it goes public.