Aerial Intelligence Company SwissDrones Closes Series B Growth Funding

Aerial intelligence company SwissDrones has announced the closing of its Series B equity growth funding round, securing over USD 10 million from a consortium of investors including aviation investor DiamondStream Partners, Chevron Technology Ventures, Ingleside Investors, and a continued commitment from existing shareholders, marking another significant milestone in the Company’s rapid development. The transaction closed on April 2, 2024. Continue reading

Leidos and Elroy Air to Demonstrate Autonomous Aerial Resupply Drone for US Marine Corps

Leidos, a FORTUNE 500 innovation company, and Elroy Air, an autonomous aircraft systems and software development company, have been approved to demonstrate an autonomous Medium Aerial Resupply Vehicle – Expeditionary Logistics (MARV-EL) prototype for the Navy and Marine Small Tactical Unmanned Aircraft Systems program office (PMA-263). Continue reading

South Korea Drone Light Show with 5,293 Drones Sets New Guinness World Record

UVify has achieved a new Guinness World Record for the most unmanned aerial vehicles (UAVs) airborne simultaneously. This historic event took place in Songdo, Korea, where UVify orchestrated a breathtaking display of 5,293 IFO drones that lit up the night sky, setting a new global standard for drone technology and performance. Continue reading