Funding supports plans for 40 new bases and continued scaling of suburban UAV delivery operations Manna Air Delivery has announced a $50 million Series B funding round to expand its drone delivery operations in the United States and Europe. The company says the new funding brings its total raised to $110 million and will support plans to launch up to 40 new operational bases … [Read more...] about Manna Raises $50M to Expand Drone Delivery Network in the U.S.
drone industry funding
Drone Industry Funding Sees Significant Drop in 2023: The Latest from Drone Industry Insights
Drone Industry Insights has published their latest report detailing the state of Drone Industry Investments. The research is an in-depth analysis: but one stark fact stands out in the summary. In the realm of drone industry funding, the year 2023 witnessed a notable downturn, marking a departure from the meteoric rise seen in previous years. Data gleaned from investment … [Read more...] about Drone Industry Funding Sees Significant Drop in 2023: The Latest from Drone Industry Insights
Teal Drones Scores New Army Funding to Develop New Short Range Reconnaissance Prototype
Teal Drones Secures Additional $1.2M in Funding for US Army’s SSR Program by DRONELIFE Staff Writer Ian M. Crosby Military technology company Red Cat Holdings announced that its subsidiary Teal Drones has received an additional $1.2 million for the development of a new sUAS prototype for the U.S. Army’s Short Range Reconnaissance (SRR) program. In March 2022, Teal was first … [Read more...] about Teal Drones Scores New Army Funding to Develop New Short Range Reconnaissance Prototype
SkyDrive Funding: Japanese Flying Car and Cargo Drone Company Scores More than $66 Million
Flying Car and Cargo Drone Developer SkyDrive Raises 9.6B Yen (currently $66,432,000 USD) in Series C Funding Round by DRONELIFE Staff Writer Ian M. Crosby Japanese flying car and cargo drone developer SkyDrive Inc. announced its acquisition of 9.6 billion yen in its Series C funding round, bringing the company’s total to roughly 14.7 billion yen. Continue reading below, or … [Read more...] about SkyDrive Funding: Japanese Flying Car and Cargo Drone Company Scores More than $66 Million
Windracers Funding: Cargo Drone Company Scores Third Round
Windracers Gains Third Funding Round from UKRI’s Future Flight by DRONELIFE Staff Writer Ian M Crosby Cargo drone developer Windracers has announced a third round of successful funding obtained from UK Research and Innovation’s (UKRI) Future Flight challenge, a program funding technological advancements. Continue reading below, or listen: DroneLife · Windracers - … [Read more...] about Windracers Funding: Cargo Drone Company Scores Third Round
