Terra Drone raises $14M from Aramco for Saudi Arabia expansion

Terra drone saudi arabia

Oil giant Saudi Aramco has invested $14 million in one of the top drone service providers in the world, Terra Drone Corporation, through its early-stage investment fund Wa’ed Ventures. The Japan-based drone company says it will utilize the funding to set up a new subsidiary for inspection services in Saudi Arabia.

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Sabrewing’s record-setting heavy-lift drone signs up Saudi buyers

Just a month after its mighty Rhaegal-A “Alpha” transportation UAV hauled a world-record-setting 829-pound payload, California start-up Sabrewing this week landed a multimillion-dollar contract to provide its craft to the Arabian Development and Marketing Corporation (ADMC) to support Saudi Arabia’s stated goal of becoming a global center of heavy-lift drone activity.

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Saudia eVTOL accord gives Lilium a strategic MENA foothold

Lilium’s effort to market its electric takeoff and landing aircraft (eVTOL) around the world has gotten a boost from a 100-craft deal with Saudi Arabia’s national airline, Saudia – its first foothold in the Middle East North Africa (MENA) region.

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Houthi forces hit Saudi Arabian oil facilities in ongoing war

Iran-backed Houthi forces have continued to hit key Saudi oil targets over the last few weeks, causing massive amounts of damage and delays. The forces are continuing to use their newest drone with a range of more than 900 miles, the Samad-3.

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Saudi-led armed forces take down Houthi drones

As things continue to escalate in Yemen, Saudi-led military forces have announced they have taken down Houthi armed drones and destroyed explosive-packed boats.

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Saudi companies begin producing Turkey’s Karayel-SU drone

Saudi manufacturing companies, Intra Defense Technologies (IDT) and Advanced Electronics Company (AEC), will produce Turkey’s Karayel-SU drone under license from the drone manufacturer Vestel. AEC will provide the electronics, while Vestel will provide the key components.

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