Category Archives: Business News

Tyto Robotics to Distribute WindShape Drone Testing Technology in North America

WindShape Ltd has signed an exclusive distribution agreement with Tyto Robotics, a Canadian manufacturing company specializing in drone testing equipment. The goal of the partnership is to give wider audiences access to WindShape’s custom wind generation technology (the “WindShaper”), designed to enhance drone testing methods for improved safety and reliability. Continue reading

Tekever Raises $23M for Maritime Surveillance Drones

Tekever, which makes AI-integrated drones specifically tailored to monitor and detect activity on the water, has raised €20 million (nearly $23 million at today’s rates). Ventura Capital led the round with participation from Iberis Capital and a number of unnamed strategic investors from the maritime industry. It will use the funds to hire more staff and continue to expand its technology. Continue reading