Tag Archives: Business and Finance

Startup Zipline Raises $25 million

Zipline, the CA startup that has deployed the first medical drone delivery program in Rwanda, announced that is has raised $25 million in venture capital funding.  Investors included Andreessen Horowitz and Sequoia Capital; the recent funding round brings Zipline’s total funding to $43 million. The Rwandan government has partnered with …

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Intel Acquires German Drone Company MAVinci

Silicon valley giant Intel has acquired German drone company MAVinci, for an undisclosed price.  At this week’s Commercial UAV Expo, Anil Nanduri, Vice President of the New Technology Group and General Manager of the UAV segment at Intel, said that the acquisition gives Intel a “full portfolio” of fixed-wing and multi-rotor solutions …

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Delair-Tech Partners with microdrones

French drone manufacturer Delair-Tech announced a partnership with German company microdrones at this week’s Commercial UAV Expo in Las Vegas.   Delair-Tech is a leader in commercial fixed wing drones, and the partnership with microdrones, a developer of industrial-grade multicopters, creates a significant new presence in commercial drones. The partnership will combine the R …

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