3i Group Invests $1B to Build European Drone Rival to Boeing, Airbus
3i Group is reportedly investing $1 billion to build a European drone manufacturer aimed at challenging the dominance of Boeing and Airbus in the UAV market.
5 aviation articles tagged “UAV”
3i Group is reportedly investing $1 billion to build a European drone manufacturer aimed at challenging the dominance of Boeing and Airbus in the UAV market.
AALTO HAPS Ltd, an Airbus subsidiary, plans to establish its second Zephyr stratospheric launch site in northern Australia to expand its global operations.
The FAA has increased drone restriction enforcement before Super Bowl LX, issuing fines up to $36,770 and suspending licenses for unsafe and unauthorized operations.
Civil Aviation Minister K Rammohan Naidu reviewed drone R&D; indigenous technology is key to India becoming the third-largest global drone market by 2030.
The global autonomous last mile delivery market, fueled by e-commerce and drone technology, is forecast to reach nearly $6 billion by 2030, presenting a major shift in commercial aviation logistics.