Terra Drone, Unifly and Aloft launch UTM development
Terra Drone, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, has announced the launch of joint development with Unifly and Aloft, focused on UAS Traffic…
Terra Drone, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, has announced the launch of joint development with Unifly and Aloft, focused on UAS Traffic Management (UTM) for AAMs targeting global markets.
Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the US.
This collaboration marks the world’s first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.
The three companies pursue joint UTM development to capitalise on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionise transportation. Morgan Stanley forecasts the Urban Air Mobility (UAM) market to reach $1 trillion by 2040 and $9 trillion by 2050, with eVTOLs gaining global recognition through test flights and prototype showcases.
The companies have announced initiatives to enhance their existing UTM platforms in anticipation of the surge in eVTOL aircraft and drone activities.
The shared vision for the UTM platform is to enable safe and efficient flight operations for eVTOLs and drones in the foreseeable future.
Through this initiative, they aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide, creating a cohesive ecosystem that supports AAM growth and addresses broader challenges of urban mobility, sustainability, and air traffic safety.
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