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Following a $14 million investment from Saudi Arabian oil and gas group Aramco, Japan's Terra Drone is expanding its drone operations and uncrewed traffic management network. The deal is part of Saudi Arabia's plans to diversify its economy into new sectors such as advanced air mobility.
Terra Drone currently offers its drone and UAM solutions to 10 countries.
As the use of aircraft like drones, electric vertical take-off and landing vehicles and uncrewed aerial vehicles take off, Japanese startup Terra Drone wants to make sure trafficking the skies doesn’t get overlooked. “Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra […]
The new funding round brings Terra Drone's total funding to $83 million.