Category Archives: Business News

Paras Aerospace India Launches Universal UTM from High Lander Israel

Paras Aerospace Private Limited, India, a subsidiary of Paras Defence and Space Technologies Limited has announced the launch of Universal UTM product for enabling Unmanned Aircraft System Traffic Management (UTM) with High Lander, Israel, a drone technology provider with significant experience in the aviation field. Continue reading

Flytrex Raises $40M to Build US Drone Delivery Service

Flytrex, the Israeli startup working with Walmart, Chili’s, and others in North Carolina in pilots for a drone-based delivery service targeting suburban consumers, has picked up $40 million in funding to continue developing its hardware and software, as well as more business partnerships, as it awaits regulatory nods to expand its service to more markets in the U.S. Continue reading