This UK business, established in 2019, has developed an innovative, SaaS based, unique airspace management solution for drone and unmanned aircraft operators that is generating significant interest in the industry. The problem they solve is that unlike commercial aircraft, currently drones do not have high integrity sensors or access to any air traffic control services to ensure separation when in flight.
With rapidly increasing numbers of pilotless flights across the world and increasing demand for drone deliveries, effective, real time airspace management is becoming a critical requirement for all operators. This UK business has successfully trialled their solution and has proven that using 5G mobile networks will simply not meet the requirement to provide a real time, reliable solution at all the required altitudes. They have signed their first contract and their business is growing rapidly.
They see the North American market as a significant opportunity for a business partner who understands the unmanned aircraft market and who would like to sell their leading edge unmanned aircraft management solution under a commercial agency agreement.
The solution is faster and more robust than any competitor and importantly their commercial model is specifically designed to stimulate investment in IOT sensors by sharing revenues with sensor providers so providing a better return on investment which has generated significant interest in the UK.