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AURA Secures $75M for Wireless Network for UAVs

Following successful demonstrations of its proprietary network designed to enable remotely piloted commercial flights beyond visual line of sight, AURA Network Systems announced it has closed $75 million in funding, with $55 million committed by Fortress Investment Group, or its affiliates, and $20 million from previous investors Mudrick Capital Management and Tracker Capital Management, or their affiliates. Continue reading