Aether Global Innovations Corp C.AETH

AETH Partners with RufDiamond for Automated Drone Solution

[MarketMakerss]

Incorporating advanced Artificial Intelligence algorithms with drones has substantially widened the range of tasks that can be performed, making them more versatile, capable and in demand than ever before, resulting in a robust market expected to reach US$84 billion by 2030, growing at a rate of 28.5% from US$14.5 billion in 2023. (Source: https://www.globenewswire.com/news-release/2023/10/18/2762340/0/en/Emerging-Technology-Report-on-AI-in-Drones-Market-GTM-Strategy-and-Trends-2023-2030-Report-by-RationalStat.html)

Located within this growing market, Aether Global Innovations (AETH.c AETHF) is a drone management and automation services provider. In providing cutting-edge automation and development solutions, AETH leverages automation to optimize drone operations to enhance drone performance and facilitate seamless communication within fleets.

Yesterday, AETH announced the signing of a strategic joint venture partnership MOU with RufDiamond, a distributor and retrofitter of all-terrain vehicles and equipment built to withstand the harshest of conditions.

The JV will look to identify business opportunities to exploit the development, integration and deployment of an automated drone solution from RufDiamond's retrofitted all-terrain FatTruck vehicle platforms.

This is a strategic and opportunistic move for both AETH and RufDiamond as several clients from each company's sales pipeline have expressed an interest in an autonomous drone from an all-terrain vehicle platform.

As Daryl Adams, CEO and founder of RufDiamond, stated:

“Bringing innovative drone management and monitoring solutions onto one of our extreme, all-terrain Fat Truck mobile platforms is exciting. This integrated solution will allow many of our top clients in forestry and wildfire management, mining, energy, emergency response, government and military to expand their own coverage areas for monitoring vast properties as well as infrastructure assets, like pipelines, waterways, forests and mining sites.”

This marks the sixth strategic partnership AETH has entered into in recent months, emphasizing their steady expansion path.

In utilizing artificial intelligence to specialize in cutting-edge UAV drone management and operations services, AETH is paving a new way forward by delivering customized solutions catering to the demands of major property and critical infrastructure owners, operators, and their management teams.

Latest News Release: https://aethergic.com/2023/10/19/aether-global-innovations-corp-signs-strategic-joint-venture-partnership-mou-with-rufdiamond-ltd-a-distributor-and-retrofitter-of-all-terrain-vehicles/

Posted on Behalf of Aether Global Innovations Corp.