AgEagle settles senseFly, MicaSense acquisitions at 50% discount

parrot sensefly sell AgEagle MicaSense

The drone industry, which saw more than 40 mergers and acquisitions in 2021 alone, may do well to take some advice from AgEagle Aerial Systems on both acquisitions and negotiation strategy.

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This drone company raised $130M. It’s now being sold for $18M

In a development that many didn’t see coming, Ondas Holdings has announced a deal to acquire drone-in-a-box solution provider Airobotics. The news comes barely a year after Ondas’s acquisition of American Robotics, a fellow player in the fully automated drone ecosystem.

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Germany’s Quantum Systems raises $32M to develop autonomous drone swarms

Germany-based Quantum Systems, the maker of the popular fixed-wing Trinity and Vector/Scorpion eVTOL drones, has raised $32 million through a mix of equity and debt financing in its Series A funding round.

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Michigan’s SkySpecs gets $80M funding to expand drone software offerings

SkySpecs, a Michigan-based company whose drone software is used to monitor about 45% of all wind turbine blades in North America, has scooped up a cool $80 million in strategic funding to grow its product portfolio as well as geographic footprint. The funding round was led by Goldman Sachs with participation from NextEra Energy Resources and existing investors.

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Terra Drone raises $70 million in Series B funding

Terra Drone Corporation, a drone and urban air mobility (UAM) technology company headquartered in Japan, announced today it has scooped up a cool $70 million in Series B funding. The company, which was ranked as the “top drone service provider in the world” by market research firm Drone Industry Insights in 2019 and 2020, is now looking at establishing a US office and pushing out its uncrewed traffic management (UTM) offerings to the global market.

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What’s the difference between drones, UAS, UAV, and RPAS?

Everybody has heard about drones by now, but there are several other oft-used terms like UAS and UAV that tend to confuse readers. So, what exactly is a drone and how is it different from these other commonly heard terms such as UAS, UAV, FPV, RPAS, and model aircraft?

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