Terra Drone Makes Major U.S. Move With Aloft Investment

  • 📰 ForbesTech
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

I’ve been covering the auto industry since 1989, first as CNN Detroit Bureau Chief, then as the National Auto Writer for the Associated Press, General Motors beat writer at the Detroit News and video reporter at Automotive News.

A leading Japanese drone and advanced air mobility company has made its first major move to enter the U.S. market and further its efforts to create a global air traffic control system for unmanned aircraft known as Unmanned Aerial System Traffic Management, UTM.Indeed development of a global UTM system has taken on increased urgency as the number of low-altitude aircraft such as drones, vertical takeoff and landing craft and short-hop air taxis grows.

Aloft previously secured investments from Boeing's Corporate Venture Capital and Travelers Insurance and is a top provider of Federal Aviation Administration-certified umanned aircraft system services. “Aloft has over 80% share in the market, which is quite dominant, I would say,” explained Ueno. “It’s not a big company. It's like only maybe 15 people or so, but it's a really solid and focused company and we believe the founders are really visionary people.”

Described by the FAA as a “living document,” it will be updated periodically. Key features of Innovate28 are:The creation of Innovate28 is a testament to the rate at which UAM is growing in the U.S.—especially as compared with Terra Drone’s home nation of Japan.“We started doing UTM back in 2016,” said Ueno.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 318. in CA

Canada Canada Latest News, Canada Canada Headlines