Multiple sources are reporting the California-based eVTOL startup, Joby Aviation, is negotiating a potential buyout for Uber’s air taxi unit, Uber Elevate. A deal could be announced later this month. Continue reading
Category Archives: Business News
Drone Spraying Platform Rantizo Gets $7.5M Series A Funding
Iowa City-based startup Rantizo, which uses drones to spray crops, has just closed a $7.5 million Series A round led by Leaps by Bayer, with participation from a number of other agtech-focused investors – including Fall Line Capital, Innova Memphis, Lewis & Clark Ventures, KZValve, and Sukup Manufacturing. It brings the company’s total funding to date to $9 million. Continue reading
Atmos UAV Joins Forces with Topcon Positioning Group
Atmos UAV, a Dutch drone manufacturer that develops high-end VTOL fixed-wing drones for surveying and mapping applications, has now formed a new partnership with Topcon towards a base station free era. Continue reading
Dedrone, Vodafone and Amazon Web Services Partner to Provide Airspace Security for Critical Infrastructure
Vodafone Business has unveiled a powerful new service, combining the ultra-quick response times of distributed Multi-access Edge Computing (MEC) technology with the fast speeds of 5G. Continue reading
FLIR Systems Acquires Altavian, Inc.
FLIR Systems, Inc. announced that it has acquired Altavian, Inc., a privately-held manufacturer of small unmanned aerial systems (sUAS) for defense and public safety customers. Altavian’s airframes integrate multiple sensors, including FLIR thermal technology, to provide users with decision support and intelligence, surveillance, and reconnaissance (ISR) capability. Continue reading
Drone Harmony Selects Altitude Angel as Global Map Data Provider
Altitude Angel, a global UTM (Unmanned Traffic Management) technology provider, today announced that mission planning platform, Drone Harmony, has opted to embed Altitude Angel’s market-leading data in its flight mapping solutions. Continue reading
Nordic Unmanned Contemplates Public Listing
Nordic Unmanned AS is contemplating a private placement and listing on Euronext Growth Oslo (currently Merkur Market) in order to finance expected strong growth and international expansion. Continue reading
Aerodyne Invests in Australian Drone Inspection Company
Aerodyne Group, a Malaysia-headquartered international DT3 (Drone Tech, Data Tech, and Digital Transformation) solutions provider has signed an agreement to acquire a principal stake in Australia-based drone surveying and advanced asset inspection company, Sensorem Pty Ltd. Continue reading