The European Investment Bank (EIB) will provide a €40 million (USD 44 M) quasi-equity investment into Wingcopter GmbH, a European pioneer in unmanned delivery drone technology and related services. Continue reading
Category Archives: Transport
Toyota Unit Funds Japanese Startup for ‘Flying Minitruck’ Drone
Toyota Motor-affiliated supplier Jtekt has funded a venture developing a drone for airlifting cargo to hard-to-reach areas and disaster sites. Continue reading
Drone Delivery Startup Zipline Boosts Valuation to $4.2 Billion
Skyports Drone Services Introduces Cash-to-Master Drone Deliveries in Singapore and Korea
Skyports Drone Services has announced the addition of Cash-to-Master (CTM) services to its repertoire of ship-to-shore services. Continue reading
SURVICE-Malloy Awarded US Navy Contract to Produce Unmanned TRV Aircraft
SURVICE Engineering, partnered with Malloy Aeronautics, has been awarded a production contract with the US Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program Office (PMA-263) to produce around 200 Tactical Resupply Vehicle (TRV) aircraft. Continue reading
Former F1 Technical Director Launches Cargo UAV eVTOL Programme
Specialist consultancy company MGI Engineering has launched its cargo UAV technology demonstrator programme. MGI CEO and Founder Mike Gascoyne officially unveiled its fully functional technology demonstrator at the eVTOL Insights’ London Conference on Wednesday 19 April 2023. Continue reading
Speedbird Aero Partners with High Lander for Drone Deliveries in LATAM
Speedbird Aero, a drone delivery company headquartered in Brazil, has signed a Memorandum of Understanding (MOU) with High Lander, an uncrewed traffic management (UTM) developer and service provider from Israel. Continue reading
Merlin Awarded FAA Contract to Deploy Nation’s First Air Cargo Network Flown by Non-Human Pilot
The Federal Aviation Administration (FAA) has awarded Merlin, the leading developer of safe autonomous flight technology for fixed-wing aircraft, a $1 million contract to demonstrate a highly automated flight control system in conjunction with a safety pilot. Continue reading