Cargo UAV Startup Dronamics Raises $40 Million, Plans UAE Joint Venture

Dronamics' Black Swan cargo UAV
Credit: Dronamics
London-based Dronamics has raised $40 million in a capital round. The startup plans to use some of the funds to establish a United Arab Emirates (UAE) joint venture for manufacturing and business operations there, as well as throughout the Middle East and North Africa, it said on Feb. 17. The...

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