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Terra Drone, Unifly and Aloft team up for AAM UTM Development

Terra Drone Corporation, a major player in drone and Advanced Air Mobility (AAM) technology, has announced a groundbreaking joint development project with its Group companies Unifly NV and Aloft Technologies Inc. The focus of this collaboration is UAS Traffic Management (UTM) for AAMs on a global scale. This marks the first-ever joint UTM development for AAMs by companies with extensive experience in UTM implementation.

The collaboration comes at a time when the Urban Air Mobility (UAM) market is rapidly growing, with Morgan Stanley projecting it to reach $1 trillion by 2040 and $9 trillion by 2050. The companies are gearing up for the rise of electric vertical take-off and landing aircraft (eVTOLs) by enhancing their UTM platforms to cater to the increasing demand for safe and efficient flight operations for eVTOLs and drones.

The goal of this joint initiative is to incorporate crucial additional functions into their UTM platforms, with a focus on automation to streamline operations and facilitate the integration of advanced UTM technology into the design and operation of AAMs. By setting new standards in UTM, the companies aim to pave the way for a seamless integration of eVTOLs and drones into the national airspace, ultimately driving the growth of the AAM industry.

This strategic partnership aims to establish a global UTM infrastructure that supports the AAM industry worldwide. By creating a cohesive ecosystem that addresses key challenges in urban mobility, sustainability, and air traffic safety, the companies hope to be at the forefront of shaping the future of AAM.

The collaboration between Terra Drone, Unifly, and Aloft signifies a major step forward in revolutionizing transportation through cutting-edge UTM technology. With a shared vision to drive innovation in the AAM industry, these companies are poised to make a significant impact on the global market.

For more information, visit the company’s website or check out the press release for the latest updates on this exciting joint development project. Photo – [https://mma.prnewswire.com/media/2396553/Terra_Drone.jpg] Logo – [https://mma.prnewswire.com/media/2186129/Terra_Drone_Logo.jpg]

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