Volatus Aerospace has entered into an agreement with Avidrone Aerospace for worldwide distribution rights of its fully autonomous, cargo delivery drones with payload capabilities ranging from 5lbs/2.3kg to 50lbs/23kg and ranges up to 100mi/160km.
In a press release published today the company says “This agreement forms a mutually beneficial partnership by positioning both companies to take advantage of the drone package delivery market, expected to reach $4.40 billion by 2025 according to the 2021 Drone Package Delivery Global Market Report published by Research and Markets.”
“Through our partnership with Avidrone, we are excited to be able to offer fully-automated and commercialised cargo delivery solutions allowing us to provide equipment, solutions, and operator services to meet the needs of both civil and defence clients,” says Glen Lynch, Chief Executive Officer of Volatus.
The company also adds “Volatus holds Transport Canada approval to conduct flights beyond visual line-of-sight (BVLOS) at various locations across Canada and commenced pilot training for BVLOS operations earlier this year. In addition, Partner Jet Inc., a strategic investment of Volatus and subject of a pending business combination transaction, has received a Special Flight Operations Certificate (SFOC) for BVLOS operations and an amended Canadian Transportation Agency License for cargo, allowing the group to offer commercial services with both manned and unmanned aircraft – a first in Canada.”
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