Terra Drone, Unifly, Aloft: UTM for Global AAM Market

 


Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider based in Japan, has exciting news to share. They have partnered with their Group companies, Unifly NV and Aloft Technologies Inc., to embark on a joint UTM development for AAMs targeting global markets. This collaboration is a significant milestone as it is the first-ever joint UTM development for AAMs by multiple companies with extensive experience in UTM implementation and operation.


The announcement was made at the renowned uncrewed system and robotics expo XPONENTIAL 2024 in San Diego. Terra Drone, Unifly, and Aloft are seizing the opportunities presented by the rapid progress in electric vertical take-off and landing aircraft (eVTOLs), which are set to revolutionize transportation. According to Morgan Stanley's research, the Urban Air Mobility (UAM) market is expected to reach $1 trillion by 2040 and a staggering $9 trillion by 2050.


With their combined expertise and experience, the three companies are uniquely positioned for this joint UTM collaboration. Terra Drone, being the world's second-largest drone solution provider, brings immense knowledge to the table. Unifly has a stellar track record in UTM implementation at the national level in countries like Canada and Germany. Meanwhile, Aloft dominates the UTM market in the U.S., which is considered the largest market for drones and eVTOLs.


Together, these companies are committed to enhancing their existing UTM platforms to accommodate the upcoming surge in eVTOL aircraft and drone activities. They are excited to contribute to the advancement of the UAM market and shape the future of transportation.


More Information : https://www.techdogs.com/tech-news/pr-newswire/terra-drone-unifly-and-aloft-technologies-launch-utm-development-for-aam-targeting-global-markets

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