Drone Delivery Canada Corp. (TSXV: FLT) and Volatus Aerospace Corp. (TSXV: VOL) have announced a transformative merger, creating a global leader in drone technology and services. This 50/50 merger of equals, resulting in a combined entity named "Volatus Aerospace Corp.", is expected to close in the third quarter of 2024, pending regulatory approvals. The newly formed Volatus … [Read more...] about Drone Delivery Canada and Volatus Aerospace Announce Merger
drone industry news
How the New FAA Reauthorization Bill Facilitates UAS Integration into U.S. Airspace
Bill paves the way for integrating UAS into U.S. airspace system By DRONELIFE Features Editor Jim Magill (The following is the third in a series of articles on how the recent passage of the bill to reauthorize the FAA positively impacts the drone and eVTOL industries.) The bill to reauthorize the FAA, which President Biden signed into law on May 16, marks a big step toward … [Read more...] about How the New FAA Reauthorization Bill Facilitates UAS Integration into U.S. Airspace
Michael Robbins Appointed President and CEO of AUVSI
Michael Robbins Appointed as President and CEO of Drone Advocacy Group Following Unanimous Board Vote The Association for Uncrewed Vehicle Systems International (AUVSI) has named Michael Robbins as its new President and Chief Executive Officer, following a unanimous decision by the Board of Directors. This announcement marks a significant leadership transition at AUVSI, an … [Read more...] about Michael Robbins Appointed President and CEO of AUVSI
Terra Drone Funding: Leading Drone Solution Provider Scores $14.4 Million in Series A
Global investment in the drone industry continues, as leading drone services provider Terra Drone funding increases by a $14.4 million Series A round. Terra Drone Corporation has had a steep rise since starting in Japan in 2016, to be named a top Drone Services Provider Drone Industry Insights last year. Today, the company announced that they have close a JPY 1.5 billion … [Read more...] about Terra Drone Funding: Leading Drone Solution Provider Scores $14.4 Million in Series A