Category Archives: Business News

Hyundai Urban Air Mobility Division Partners with ANRA Technologies on AAM Operating Ecosystem

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

Skylark Drones Raises $3M In Pre-Series A Funding Round

Mrinal Pai (left) and Mughilan Thiru Ramasamy in their Bengaluru office

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

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