Category Archives: Business News

Turkey’s Baykar Makina Gets Government Support

Baykar Makina, the private Turkish drone maker with family ties to President Recep Tayyip Erdogan, will receive government support to expand output. The company plans to invest 600 million liras ($106 million) to increase its production of unmanned aerial vehicles, according to a presidential decree published Thursday in the nation’s official gazette. Continue reading

Terra Drone Invests in Australian UAV Services Provider

Tokyo-headquartered Terra Drone Corporation, the world’s largest industrial drone services provider, has finalized its expansion into the Australian market after completing an equity investment in Australian firm, C4D Intel Pty Ltd. As part of the deal, C4D Intel will immediately rebrand to Terra Drone Australia. Continue reading

AgEagle Enters Commercial Drone Delivery Market

AgEagle Aerial Systems, Inc., a provider of advanced aerial imagery and data collection and analytics solutions for the sustainable agriculture, precision farming and urban green management markets, has begun to actively pursue expansion opportunities within the emerging Drone Logistics and Transportation market – a market forecasted to grow to $29 billion in the next eight years.  Continue reading