Terra Drone Corporation, a worldwide leader in drone and Advanced Air Mobility (AAM) technologies, has taken a major step towards expanding its international footprint by investing in Aloft Technologies. This move not only marks Terra Drone’s entry into the U.S. market, the biggest for drones and AAMs worldwide, but additionally establishes the corporate as the biggest shareholder in Aloft, thereby enhancing its influence in the worldwide Unmanned Aerial System Traffic Management (UTM) ecosystem.
Aloft Technologies, known for its pioneering work in UTM and as a key player in drone fleet and airspace management in america, has now turn out to be an affiliate company of Terra Drone. The mixing brings on board Yuki Ueno, Terra Drone’s executive officer in control of UTM business, to the Aloft board of directors, promising a seamless synergy in future UTM development.
This strategic investment underscores Terra Drone’s ambitious vision for the longer term of drones and AAMs, aiming to make them integral to on a regular basis life through the effective implementation and operation of UTM systems. “We see a future where drones and AAMs turn out to be an element of our every day lives,” said Toru Tokushige, Founder and CEO of Terra Drone. He emphasized the critical role of UTM technology in achieving this vision. “By investing in Aloft and becoming its largest shareholder, we intend to further evolve UTM on a worldwide level. We also plan to expand aggressively within the U.S., considered to be the biggest marketplace for drones and AAMs.”
Jon Hegranes, Founder and CEO of Aloft, highlighted the importance of the partnership, stating, “The mixing of UTM systems is pivotal for the expansion, scalability, and sustainability of worldwide drone operations.” He identified the unique position their collaboration with Terra Drone creates in leading the UTM evolution, aiming to harmonize operational standards and technology on a world scale.
This collaboration is poised to bolster the UTM ecosystem globally, with Terra Drone leveraging its earlier acquisition of Unifly, a Belgium-based UTM provider, to further advance its offerings. The move comes at a time when the U.S. sees significantly higher numbers of registered drones and manned aircraft in comparison with Japan, indicating an enormous market potential for drone and AAM technologies.
Aloft, founded in 2015, has already made substantial strides within the U.S., being the biggest FAA-approved UAS Service Supplier and achieving over 1 million Low Altitude Authorization and Notification Capability (LAANC) requests. Its comprehensive cloud-based drone fleet management system is employed across various industries for mission-critical operations, underscoring its leading position in the sector.
The partnership between Terra Drone and Aloft Technologies is ready to drive forward the event and implementation of UTM systems globally, facilitating safer and more efficient drone operations across industries and borders. With Terra Drone’s extensive expertise and Aloft’s progressive solutions, this collaboration marks a major milestone in realizing the complete potential of drone and AAM technologies within the U.S. and beyond.
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