Akihabara News (Tokyo) — Terra Drone has acquired a majority stake in Unifly, a global leader in unmanned traffic management (UTM) technology.
Toru Tokushige, founder and CEO of Terra Drone, explained that “from the beginning of the drone industry, Terra Drone saw the immense potential of UTM. Our recent decision to acquire the majority shares in Unifly is a testament to our commitment to deepen this relationship. Unifly is focused on strengthening this partnership by using their advanced technology and experience to improve the safe and efficient use of drones in key areas like surveying, inspections, logistics, security, and disaster response, among others. This partnership brings us a significant step closer to realizing our vision.”
Terra Drone’s journey with Unifly began in 2016 when it took the lead investment position in Unifly’s Series A funding round. This partnership backed by the Flemish government through an investment fund, and subsequently by agencies of the German and Belgian governments as well.
With its latest acquisition, Terra Drone’s ownership share in Unifly has surged to 51%, underscoring its commitment to Unifly’s strategic direction. This move aligns with Terra Drone’s larger goal of seamlessly integrating drone and unmanned aerial mobility operations globally, thereby contributing to the development of a robust aerial infrastructure.
Terra Drone’s early investment in Unifly recognized the critical role of that digital infrastructure would play in ensuring the safety and efficiency of drone operations. Unifly’s strong partnerships with European air navigation service providers further solidified its standing. Today it is employed in at least eight countries.
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