The Urban Air Mobility Division of Hyundai Motor Group announced a new partnership with ANRA Technologies – an international provider of end-to-end drone operations and traffic management solutions for unmanned system operators and airspace managers – to begin developing the operating environment for the advanced air mobility (AAM) industry. Continue reading
Category Archives: Business News
Altitude Angel & iOCO Advance UAM Operations Across South Africa
Altitude Angel, a unified traffic management (UTM) technology provider, and iOCO, a South African ICT solutions supplier, have agreed to form an alliance with the strategic aim of providing the building blocks on which the country’s urban air mobility (UAM) infrastructure can be built and supported. Continue reading
Skylark Drones Raises $3M In Pre-Series A Funding Round
Skylark Drones, an Indian drone platform company, announced that it has secured USD $3 million in a pre-series A funding round to strengthen its product offerings and fuel international expansion. The funding round was co-led by investors InfoEdge Ventures and IAN Fund with participation from AdvantEdge Founders, Fowler Westrup, Redstart Labs, IKP and Vimson group. Continue reading
Zipline Raises $250M
Zipline has raised $250 million in new funding to help us accelerate the development of a new model for instant logistics. Continue reading
Albania to Purchase Drones from Turkey
An additional budget of more than 8 million Euros was allocated for the priority project of the Albanian Ministry of Defense for the purchase of UAVs, “within the scope of the agreement with Turkey and measures to increase territorial control and national security”. Continue reading
IAI Sells Drone Guard Systems to South Asian Country
Israel Aerospace Industries (IAI) though its ELTA Systems group is delivering dozens of Drone Guard (CUAS) systems to a country* in South Asia in a deal, worth tens of millions of dollars (USD). Continue reading
Aquiline Drones Buys 50% of Aerialtronics
Aquiline Drones (AD), an American-based manufacturer of unmanned aerial systems (UAS) and cloud solutions provider for commercial drone operations, announced that it has purchased 50% of the capital of Aerialtronics, an end-to-end solutions developer in the Netherlands that uses drones, artificial intelligence (AI) and IoT data to provide real-time insights for a variety of business operations. Continue reading
France to Acquire an Additional Reaper Block 5
France has signed for an additional General Atomics Aeronautical Systems Inc (GA-ASI) MQ-9 Reaper Block 5 unmanned aerial vehicle (UAV), with the US Department of Defense announcing a Foreign Military Sales (FMS) award on 28 June. Continue reading







