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AgEagle Aerial Systems MicaSense RedEdge-P Dual Sensors Support Environmental Research in Japan
Globenewswire· 2025-07-10 12:00
Core Insights - AgEagle Aerial Systems Inc. has sold a RedEdge-P Dual camera to Shizuoka University for research on the impact of environmental factors on Japan's Alpine forests [1][2] - The MicaSense RedEdge-P Dual camera enhances ground observations by allowing researchers to scan large forest areas and identify tree species with unique defense mechanisms [2][3] - The integration of UAVs and the RedEdge-P Dual camera provides a time-saving tool for forestry researchers, aiding in the understanding of forest ecosystems under environmental stress [3] Company Overview - AgEagle Aerial Systems Inc. specializes in advanced drone and aerial imaging solutions, originally focusing on the agriculture industry and now serving multiple sectors including energy, construction, and government [5] - The company has developed a full stack of UAS, sensors, and software solutions, emphasizing the importance of monitoring and preserving forest ecosystems [5] Product Application - The RedEdge-P Dual camera is utilized in various biomes, including Tundra, Alpine, Temperate forests, Coastal ecosystems, and Agricultural landscapes, to assess environmental changes and support biodiversity [6]
ParaZero Receives a Recurring Bulk Order of SafeAir Systems from an Australian Distributor
Globenewswire· 2025-07-03 12:45
Core Insights - ParaZero Technologies Ltd. has received a follow-on order for its SafeAir™ drone safety systems from a leading Australian drone technology distributor, indicating a growing presence in the Australian market [1][2] - The SafeAir™ systems are designed for widely deployed DJI platforms and cater to various sectors including commercial, law enforcement, and governmental operations [1][2] - The order reflects increasing demand for safety-assured operations driven by evolving drone regulations [2][3] Company Overview - ParaZero is an aerospace company focused on safety systems for commercial unmanned aerial systems and counter UAS systems, established in 2014 by aviation professionals and drone industry veterans [4] - The SafeAir system autonomously detects flight anomalies and deploys a parachute in case of failure, significantly reducing the risk of injury or damage [3] - The operational safety credit granted by the Civil Aviation Safety Authority (CASA) to operators using the SafeAir System enables commercial drone flights over populated areas in Australia [3] Market Dynamics - The follow-on order highlights the trust partners place in ParaZero's safety technologies, reflecting the industry's growing focus on regulatory compliance and operational safety [4] - The increasing demand for SafeAir systems is attributed to the evolving drone regulations and the need for safety in drone operations [2][3]
Volatus Aerospace Supports J.D. Irving, Limited's Vision for Drone-Powered Tree Planting in New Brunswick
GlobeNewswire News Room· 2025-06-23 13:05
Core Insights - Volatus Aerospace Corp. has formed a strategic collaboration with J.D. Irving, Limited to enhance tree planting operations in New Brunswick using advanced drone technology [1][3] - The initiative aims to improve efficiency, scalability, and environmental impact in forestry management [1][4] Company Overview - Volatus Aerospace is a leading provider of integrated aerial intelligence and logistics solutions, serving various industries including public safety, healthcare, energy, agriculture, and environmental management [6] - J.D. Irving, Limited is a private, family-owned company with a strong commitment to sustainable forestry practices, having planted over 1.1 billion trees since 1957 [8] Project Details - The project will utilize a heavy-lift Remotely Piloted Aircraft System (RPAS) to transport seedlings and supplies to planting crews in remote areas [2][7] - Operations will be managed from Volatus' centralized Operations Control Centre in Vaughan, Ontario, allowing for real-time oversight and reduced environmental impact compared to traditional logistics [2][4] Market Context - The global tree planting services market is projected to grow from $7.2 billion in 2023 to $12.5 billion by 2031, highlighting the potential for drone logistics in this sector [3] - Drone-based seedling delivery is identified as a scalable, low-cost solution that aligns with sustainability priorities and enhances long-term value in the carbon market [4]
Draganfly Announces Closing of US$13.75 Million Public Offering
Globenewswire· 2025-06-12 20:40
Core Points - Draganfly Inc. has successfully closed a public offering of 5,500,000 units, generating gross proceeds of approximately US$13.75 million at a price of US$2.50 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrants having an exercise price of CA$5.0768 (or US$3.71) and expiring five years after issuance [1][2] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and research and development [2] Offering Details - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [3] - The securities were offered and sold exclusively in the United States, with no sales made to Canadian purchasers [3] - A final prospectus supplement and accompanying base shelf prospectus have been filed with relevant securities commissions and are available for public access [4] Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the drone technology sector [6] - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [6]
Tonner Drones encourages shareholders to vote at the Ordinary and Extraordinary General Meeting on Thursday, June 19, 2025
Globenewswire· 2025-06-04 06:00
Core Points - Tonner Drones is holding an Ordinary and Extraordinary General Meeting on June 19, 2025, to approve the 2024 accounts [1][2] - The meeting will take place at the Lexelians law firm in Paris at 3:00 p.m. [1] - Shareholders are encouraged to participate and vote to meet the quorum requirements [3] Company Overview - Tonner Drones develops technologies for the logistics sector and holds stakes in French drone manufacturers like Elistair and Donecle [4] - The company's strategy focuses on increasing the value of its shareholdings through active asset management and generating additional revenues from patents [4] - Tonner Drones does not plan to own a factory but aims to retain R&D for its products in France [4] - The company's shares are listed on Euronext Growth Paris with the ISIN code FR001400H2X4 [5]
ZenaTech Developing Quantum Computing and AI Drone Fleets to Prevent Wildfires in the Western US
Globenewswire· 2025-05-29 12:30
Core Insights - ZenaTech is launching a strategic initiative to utilize quantum computing and AI-powered drones for wildfire detection and response in the US Western and Coastal states, as part of its Clear Sky project aimed at mitigating billion-dollar weather events [1][4] Group 1: Technology and Innovation - The integration of quantum computing with AI drone systems enables ZenaTech to process large volumes of atmospheric and terrain data, providing near real-time wildfire predictions and response strategies with high speed and accuracy [2][5] - ZenaTech's ZenaDrone 1000 and fleets of drones equipped with advanced sensors can autonomously cover over 300 square miles, gathering environmental data for predictive modeling of wildfire spread based on various factors [3][4] Group 2: Strategic Partnerships and Expansion - ZenaTech has acquired a Portland-based land survey engineering company to enhance its Drone as a Service (DaaS) capabilities, focusing on wildfire management in the Pacific Coast areas [4] - The company plans to leverage its partnership with Wyoming Native American tribes for testing fire mitigation and monitoring of tribal lands, expanding its R&D team to 20 engineers dedicated to wildfire modeling and AI-augmented forecasting [4] Group 3: Market Context - In the previous year, there were 58 billion-dollar weather disasters globally, with 27 occurring in the US, highlighting the increasing threat of extreme weather events that ZenaTech aims to address through its innovative solutions [6]
ZenaTech Provides Quantum Computing Update on ‘Clear Sky' Weather Forecasting Project─AI Drone Swarms to Combat Steep Rise in Billion Dollar Extreme Weather Events
Globenewswire· 2025-05-27 12:15
Core Insights - ZenaTech, Inc. is advancing its "Clear Sky" project, which utilizes AI drones and quantum computing for improved weather forecasting, aiming to save lives and reduce economic losses from extreme weather events [1][3] - The company plans to expand its quantum computing project team to enhance the development of Clear Sky and other internal projects [2] - The rise in billion-dollar weather disasters highlights the need for better predictive tools, with 58 such disasters recorded globally last year [3][5] Company Overview - ZenaTech specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and quantum computing solutions, focusing on mission-critical applications across various sectors [6] - The company has been innovating in drone design and manufacturing since 2017, serving customers in law enforcement, health, government, and industrial sectors [6] - ZenaTech operates globally with seven offices in North America, Europe, Taiwan, and the UAE, and is expanding its DaaS business model [6] Technology and Innovation - The Clear Sky project employs AI-powered drone swarms to collect real-time atmospheric data, significantly improving weather prediction accuracy [3][4] - Quantum computing enhances the processing of complex data, allowing for faster and more accurate weather forecasts [4] - The use of drones in meteorology represents a transformative approach, enabling high-frequency localized measurements that improve early warning systems for extreme weather [3][4]
ParaZero Expands European Market Footprint with Follow-On Order for SafeAir M4 Systems
Globenewswire· 2025-05-21 11:32
Core Insights - ParaZero Technologies Ltd. has received a follow-on purchase order for its SafeAir™ M4 parachute recovery system from a prominent European drone technology partner, indicating strong demand in the drone market [1][2][3] - The SafeAir™ M4 system is designed for integration with DJI's Matrice 4 series and aims to meet the highest European regulatory standards for safe urban flight [2][3] - The European partner operates in precision agriculture, infrastructure inspection, and emergency response, highlighting the diverse applications of ParaZero's safety solutions [3] Company Overview - ParaZero Technologies is a developer of autonomous parachute safety systems for commercial and military applications, founded in 2014 by aviation professionals and drone industry veterans [4] - The company focuses on enabling safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS) [4]
ZenaTech Advances Its US Southeast DaaS Business with a Bolt-On Land Survey Company Acquisition Offer
Globenewswire· 2025-05-20 11:45
Company Overview - ZenaTech, Inc. specializes in AI drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, aiming to innovate and improve processes in various sectors since 2017 [5] - The company operates globally with seven offices across North America, Europe, Taiwan, and UAE, focusing on building a DaaS business model and a global partner network [5] Acquisition Strategy - ZenaTech has announced an offer to acquire a Florida land survey engineering firm, which would enhance its DaaS presence in the rapidly growing Florida market [1] - This acquisition would be the fourth in the Southeast region and the fifth nationally, indicating a strategic expansion in the land survey sector [1] Market Growth - The global drone survey market is experiencing significant growth, projected at over 19% annually, which ZenaTech aims to leverage for building a scalable, recurring revenue business [2] - Accurate land surveys are crucial for various construction and legal projects, and the use of drones is revolutionizing the industry by significantly reducing the time required for data collection [2] DaaS Business Model - The DaaS model allows customers to access drone technology solutions on a subscription or pay-per-use basis, eliminating the need for purchasing and maintaining expensive drone hardware [3][4] - This model provides convenience and scalability for businesses and government customers, enabling them to utilize advanced drone technology without upfront costs [4] Product Offerings - ZenaDrone, a subsidiary of ZenaTech, develops autonomous drone solutions that incorporate machine learning, AI, and Quantum Computing for various applications, including agriculture and defense [6] - The ZenaDrone 1000 and IQ Nano drones are examples of products designed for crop management and inventory management, respectively, showcasing the versatility of ZenaTech's offerings [6]
Tonner Drones CEO increases his stake to 13% and completes debt restructuring
Globenewswire· 2025-05-16 06:15
Core Insights - Tonner Drones' CEO, Diede van den Ouden, has increased his stake in the company to 13% by converting warrants into shares, which also led to a reduction in the company's debt [1][2] - The company has successfully completed a debt restructuring process, simplifying its debt structure to two main products: a €3 million bond with 3% interest and a €1.5 million shareholder loan with 5% interest [2][3] - The CEO expressed confidence in the company's future and encouraged other shareholders to participate in the upcoming shareholders' meeting to achieve quorum [3] Company Overview - Tonner Drones specializes in developing technologies for the logistics sector and holds stakes in promising French drone manufacturers such as Elistair and Donecle [4] - The company's strategy focuses on increasing the value of its shareholdings through active asset management and generating additional revenues from royalties on patents [4] - Tonner Drones does not plan to own a factory but aims to retain research and development activities in France [4]