Investment to Drive Localized Product Development, Manufacturing, and Rural Outreach Marut Drones, a DGCA-certified drone technology company based in India, has secured $6.2 million in Series A funding from Lok Capital. With this fresh capital, Marut Drones plans to expand its manufacturing capabilities, develop new agricultural applications, and establish a stronger presence … [Read more...] about Marut Drones Secures $6.2 Million in Series A Funding Amid India’s Push for Domestic Drone Manufacturing
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Sony Ends Sales of Airpeak S1 Drone Line
Discontinuation Reflects Challenges in Competitive Commercial Drone Market Sony Group Corporation recently announced it will discontinue the Airpeak S1 drone and related accessories by March 31, 2025, due to "changes in the business environment." The Airpeak line aimed to combine Sony’s camera expertise with high-performance drone technology but faced stiff … [Read more...] about Sony Ends Sales of Airpeak S1 Drone Line
Lilium Embarks on Restructuring and New Investment Efforts
KPMG to Lead M&A Process; Insolvency Filings Approved for German Subsidiaries Lilium N.V.,(Nasdaq: LILM) a developer of electric aircraft for Regional Air Mobility (RAM), recently announced it has engaged KPMG to oversee a structured and open M&A process. The Local Court of Weilheim approved insolvency filings for Lilium's German subsidiaries, granting the company’s … [Read more...] about Lilium Embarks on Restructuring and New Investment Efforts
Japan Sets New Standards for Drone Services: JIS Certification Promises Quality and Safety Across Industries
With a New Japanese Industrial Standard, the JSA Aims to Boost Quality and Reliability in Drone Services for Industrial, Delivery, and Inspection Applications This article published in collaboration with JUIDA, the Japan UAS Industrial Development Association. by DRONELIFE Staff Writer Ian J. McNabb On September 18, 2024, the Japan Standards Association (JSA) announced … [Read more...] about Japan Sets New Standards for Drone Services: JIS Certification Promises Quality and Safety Across Industries
Montgomery County Secures First Conviction with Drone as First Responder Program: A Milestone in Public Safety
Drone Footage Key in Assault Conviction as Montgomery County's DFR Program Demonstrates Impact on Evidence Collection and Situational Awareness by DRONELIFE Staff Writer Ian J. McNabb A press release issued today by the Montgomery County State’s Attorney’s Office touted the first conviction as a result of their Drone as First Responder (DFR) program after a jury found Jovan … [Read more...] about Montgomery County Secures First Conviction with Drone as First Responder Program: A Milestone in Public Safety
