Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integr ...Middle East

TOKYO, Aug. 22, 2023 /PRNewswire/ — Terra Drone Corporation, a prominent player in the drone and UAM industry, has acquired majority shares in Unifly NV, the recognized UTM global leader. Terra Drone’s stake in Unifly has risen to 51%. Unifly’s stakeholders share a unified commitment to the company’s long-term vision. Terra Drone’s initial investment dates back to 2016, with Unifly also securing shareholders such as PMV, the Flemish government investment fund. Subsequent investments came from strategic partner and customer DFS, the German Air Navigation Service Provider (ANSP), followed by FPIM, the Federal Public Holding Fund of the Belgian Government in 2018. JOIN, the Japanese governmen

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