Terra Drone Corporation, a technology company in the drone and UAM industry, has acquired majority shares in the Uncrewed Traffic Management (UTM) company Unifly.
According to the press release, Terra Drone’s stake in Unifly has risen to 51%. Unifly’s stakeholders share a unified commitment to the company’s long-term vision. Terra Drone’s initial investment dates back to 2016, with Unifly also securing shareholders such as PMV, the Flemish government investment fund. Subsequent investments came from strategic partner and customer DFS, the German Air Navigation Service Provider (ANSP), followed by FPIM, the Federal Public Holding Fund of the Belgian Government in 2018. JOIN, the Japanese government fund under the Ministry of Transport, made a contribution in 2022.
In 2016, when the drone market was still emerging, Terra Drone recognized the immense potential of digital infrastructure to ensure safety and efficiency in the skies, essential for the expansive growth of the industry. Unifly now serves air navigation service providers and operates UTM systems across more than 8 countries.
Unifly’s UTM platform is used globally. It fully complies with Europe’s U-space regulation while adapting to Canada’s RPAS Regulation. Unifly serves ANSPs like ENAIRE in Spain and skeyes in Belgium, who have been pioneering U-Space establishment. In live Air Traffic Management (ATM) scenarios, the system facilitates the coexistence of drones with manned aircraft. NAV CANADA’s extensively uses the platform within controlled airspace, processing over 100,000 flight approvals.
Unifly participates in R&D initiatives in both the USA and Europe, dedicated to establishing benchmarks and offering guidance in UTM and UAM, in addition to local deployments such as the Port of Antwerp, where autonomous Beyond Visual Line of Sight (BVLOS) drone flights operate daily. In Saudi Arabia, Unifly has been selected as the designated UTM platform for NEOM, a visionary mega-city project set to be entirely supported by Advanced Aerial Mobility (AAM).
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