Author: neusos

AAV Leader EHang Announces $23M Private Placement Led by South Korean Entrepreneur Lee Soo Man DRONELIFE Staff Writer Ian M. Crosby Autonomous Aircraft (“AAV”) Technology Platform Leader EHang Holdings announced that it has entered into a private placement agreement with several strategic investors led by South Korean record producer and SM Entertainment founder Lee Soo-man for a total of US$23 million. Continue reading below or listen: EHang will receive a deposit of 80% of the total purchase price from investors on the proposed offering and the transaction is expected to close in Q3 2023. In addition to the private placement,…

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Node4 supports Skyports infrastructure with global network infrastructure and cloud-based data analytics DRONELIFE Staff Writer Ian M. Crosby Continue reading below or listen: Major Bertiport provider skyport infrastructure Outsourced Cloud-Driven Digital Transformation Managed Service Provider (MSP) node 4 Provides the IT network components and data analysis capabilities required to operate Vertiport. The deal will see Node4 supporting his Skyports infrastructure through the construction of global SD-WAN capabilities. SD-WAN is expected to go live at its first UK location later this year, eventually covering additional locations in the UK and expanding to his Skyports infrastructure facilities in the US, Dubai and…

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The newly formed Drone Advocate Alliance fights against a ban on Chinese drone technology. Continue reading below or listen. formation of Drone Advocate Alliance Announced today. The alliance is “a coalition dedicated to protecting the right of U.S. drone users to choose and use drones,” the press release said. “The alliance will serve as a platform for drone users to learn more about the laws that may affect them and make their voices heard.” From the alliance website: The Drone Advocacy Alliance is a non-partisan, drone-agnostic grassroots advocacy coalition. Founded at a time when proposed drone market access restrictions at…

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