Airbus seeks outside investment for solar-powered Zephyr drone programme

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Airbus seeks outside investment for solar-powered Zephyr drone programme
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Airbus said on Monday it was seeking outside investment for its high-altitude surveillance and communications drone programme Zephyr, in a bid to scale the business and accelerate its commercialization.

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A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. REUTERS/Benoit Tessier/File Photosaid on Monday it was seeking outside investment for its high-altitude surveillance and communications drone programme Zephyr, in a bid to scale the business and accelerate its commercialization.

The drone relies on solar energy, with secondary batteries charged in daylight to power overnight flight. "Airbus plans to maintain ownership in Aalto, but will consider outside investment to help accelerate the company's objectives."the news on Monday, said that Airbus was planning to spin off the drone unit with the aim of starting commercial operations by the end of next year.

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