Tag Archives: Investment

Rectron backs drone startup with a R650k investment

Rectron has partnered with service provider startup to lift SA’s drone industry. ICT distributor Rectron has partnered with Johannesburg-based Rectron reseller NTSU Aviation Solutions to develop skills and infrastructure within South Africa’s drones market. NTSU Aviation Solutions is a startup specialising in remotely piloted, unmanned aircraft systems (UAS) or drones, …

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Cyberjaya potential as preferred tech investment location | …

Prime Minister Datuk Seri Anwar Ibrahim said Cyberjaya, driven by the Cyberjaya Masterplan, has the potential to become a preferred technology investment location through the participation of both local and international technology companies.  Anwar, who is also Finance Minister, said the Cyberjaya Masterplan launched in 2019 as a strategy for …

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Velos Rotors closes $2M investment from Marathon Venture Cap…

Velos Rotors, Inc. announced the completion of a $2 million investment by Marathon Venture Capital. The investment will help fund the company’s growing demand for its unmanned aerial vehicle (UAV) helicopter. The electric Velos V3 UAV helicopter’s redundant, twin-engine design and modular payload configuration make it one of the most …

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Embention Receives Investment from Axon Partners

Embention is a global benchmark in the design of autopilots and components for drones for industrial purposes (parcel delivery, agriculture, or firefighting), and for transportation (eVTOL), a macro market trend that aims to revolutionize mobility in cities. With a team of more than 50 engineers and specialists, the company earns …

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$5B Investment, 129 Companies, 170 Craft

We’re in the middle of an explosion of innovation in drone technology. According to a report by venture capitalist at Phystech Ventures, there has been $5 billion of investment in drone technology in the past two years, leading to the development of no fewer than 170 different air taxi, cargo, …

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Investment agreement helps Sudbury drone company access new …

What started out as “a couple snowflakes” recently turned into an avalanche for a Sudbury-based drone company, which recently struck a deal that will assist its global expansion. Unmanned Aerial Services Inc. (UAS), an inspection service provider for indoor industrial confined spaces and underground mine locations, signed an investment agreement with …

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