Japanese drone firm Terra Drone invests in Aloft Technologies, becoming its largest shareholder and entering the US market.
Terra Drone, a Japanese drone and Advanced Air Mobility (AAM) tech firm, has made a significant investment in US-based drone fleet and airspace management leader, Aloft Technologies, becoming its largest shareholder. This move marks Terra Drone's official entry into the US market and strengthens its global UTM ecosystem development. Additionally, Yuki Ueno, Terra Drone's executive officer, has been appointed to Aloft's board.
March 20, 2024
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