Shaping the Future of Drone Software Development: AETH The AI-powered drone company, Shield AI, is set to be valued at $2.5 Billion in its latest funding round, showing the high value potential of companies that combine drone and AI technology.
Source: https://finance.yahoo.com/news/drone-startup-shield-ai-valued-002840028.html
Aether Global Innovations (Ticker: AETH.c or AETHF for US investors) is another company that is taking the lead in the realm of AI technology for optimizing drones. Their innovative approach leverages the power of automation to streamline drone operations and seamlessly integrate them into existing systems, resulting in peak efficiency and effectiveness on every mission.
AETH is also at the forefront of advancing drone base station technologies, elevating connectivity and communication to enhance the performance of UAV fleets.
To enhance its sales and intellectual property (IP) portfolio, AETH has recently entered into a Profit and Intellectual Property Sharing Agreement with Idroneimage. This collaboration involves profit sharing on all of Idroneimage's NeXus and NeXusPlus Drone-in-a-Box (Diab) sales from the agreement's signing date, with AETH receiving a 25% share of the profits generated.
Additionally, both companies jointly own all intellectual property (IP) software development stemming from the agreement's signing date, with a primary focus on expanding global sales and research and development endeavors.
AETH's role in this partnership is multifaceted. They will bring in new customers, contribute industry research, provide marketing support, engage in client prospecting, handle sales negotiations, and offer invaluable customer experience (CX) feedback from buyers.
AETH is planning to hire a dedicated software engineer to collaborate directly with Idroneimage, working on designing and developing tailored Diab software solutions to meet individual client requirements.
Ultimately, both companies will jointly own 50% of the IP software developed, laying a robust foundation for collaboration and innovation in the ever-evolving field of drone technology.
Full Press Release: https://aethergic.com/2023/09/06/aether-global-innovations-corp-signs-profit-and-intellectual-property-share-agreement-with-idroneimages-ltd/ Posted on behalf of Aether Global Innovations Corp.