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Terra Drone Aloft Investment – DRONELIFE

The Elite Times TeamBy The Elite Times TeamMarch 20, 2024No Comments3 Mins Read
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Terra Drone Aloft InvestmentTerra Drone Aloft InvestmentTerra Drone’s strategic investment in Aloft Technologies drives U.S. market expansion and global UTM advancements

Terra Drone Corporation, a global leader in drone and advanced air mobility (AAM) technology, takes a significant step toward expanding its international footprint with an investment in Aloft Technologies. The move not only marks Terra Drone’s entry into the world’s largest U.S. market for drones and AAMs, but also establishes the company as Aloft’s largest shareholder, thereby making it a leading player in the global unmanned aerial system traffic management (UTM) ecosystem. It will increase your influence.

Aloft Technologies, known for its pioneering work in UTM and a leading U.S. drone fleet and airspace management company, is now an affiliate of Terra Drone. The integration will see Yuki Ueno, Terra Drone’s executive officer responsible for the UTM business, join Aloft’s board of directors, ensuring seamless synergies in future UTM development.

This strategic investment highlights Terra Drone’s ambitious vision for the future of drones and AAM, aiming to make them essential to everyday life through the effective implementation and operation of UTM systems. doing. “We see a future where drones and AAM become part of our daily lives,” said Toru Tokushige, founder and CEO of Terra Drone. He emphasized the critical role of his UTM technology in achieving this vision. “By investing in Aloft and becoming its largest shareholder, we hope to further evolve UTM on a global level. We also plan to aggressively expand in the US, which is considered the largest market for drones and AAM. is.”

“The integration of UTM systems is critical to the expansion, scalability and sustainability of global drone operations,” said John Hegranes, founder and CEO of Aloft. Emphasized gender. He noted that the collaboration with Terra Drone creates a unique position in leading the evolution of UTM, with the aim of harmonizing operational standards and technology on an international scale.

The collaboration leverages Terra Drone’s previously acquired Belgium-based UTM provider Unifly, poised to further evolve its services and strengthen the UTM ecosystem globally. The move comes as the number of registered drones and manned aircraft in the United States is significantly higher than in Japan, demonstrating the huge market potential for drone and AAM technology.

Founded in 2015, Aloft has already made significant progress in the U.S., becoming the largest FAA-approved UAS service supplier and achieving over 1 million Low Altitude Authentication and Notification (LAANC) requests. doing. The company’s comprehensive cloud-based drone fleet management system has been adopted for mission-critical operations across a variety of industries, confirming its leading position in the field.

Terra Drone and Aloft Technologies’ partnership will advance the development and implementation of UTM systems around the world, facilitating safer and more efficient drone operations across industries and borders. With Terra Drone’s extensive expertise and Aloft’s innovative solutions, this collaboration marks an important milestone in realizing the full potential of drones and his AAM technology in the United States and other countries.

read more:

Miriam McNabMiriam McNab

Miriam McNab is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a keen observer of the emerging drone industry and the drone regulatory environment. Miriam has written over 3,000 of her articles focused on the commercial drone sector and is an international speaker and recognized figure in the industry. Miriam holds a degree from the University of Chicago and has over 20 years of experience in high-tech sales and marketing new technologies.
For drone industry consulting or writing, please email Miriam.

twitter:@spaldingbarker

Subscribe to DroneLife here.



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