All Updates

All Updates

icon
Filter
Partnerships
Product updates
Dronamics partners with UAE's SDF to manufacture Black Swan cargo drones; signs drone-based delivery deal with Aramex
Last-mile Delivery Automation
Nov 15, 2023
This week:
Funding
EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Dec 20, 2024
Funding
Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
FDA approval
ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
Product updates
Reflex Aerospace ships first commercial satellite SIGI
Next-gen Satellites
Dec 19, 2024
Partnerships
Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
Management news
Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
Funding
BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
Funding
Partnerships
Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
Partnerships
COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Last-mile Delivery Automation

Last-mile Delivery Automation

Nov 15, 2023

Dronamics partners with UAE's SDF to manufacture Black Swan cargo drones; signs drone-based delivery deal with Aramex

Partnerships
Product updates

  • Dronamics, a UK- and Bulgaria-based middle-mile cargo drone manufacturer, has partnered with the Strategic Development Fund (SDF), the investment arm of the Tawazun Council, Abu Dhabi, UAE, to develop and produce Dronamics' cargo drones called “Black Swan.”

  • The partnership looks to establish the first serial production plant in the UAE under a joint venture (JV) agreement. The companies plan to commence production of drones in 2025 with an estimated output of 300 drones per year.

  • The JV also aims to leverage Dronamics' drone technology and the UAE's logistics ecosystem to provide mid-mile delivery services in the UAE and global logistics and air cargo markets.

  • Dronamics also partnered with Aramex, a global logistics company, to offer Dronamics' drone technology for Aramex's fleet operations, with pilots expected to commence in 2024. The companies plan to initially deploy operations in the UAE and then extend to regions like South Africa and Australia in the future. 

  • Analyst QuickTake: In February 2023, Dronamics raised funds from investors including the SDF. At the time, the companies noted that the investment from the SDF would be earmarked toward establishing a UAE-based JV to facilitate operations in the UAE as a hub for the Middle East and North Africa. In addition, the company also has manufacturing partnerships with Quickstep Holdings, an Australia-based aerospace composites firm (July 2022), and Cotesa, a German composite fiber components producer (September 2022).

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.