Aether Global Innovations Corp C.AETH

Sixth Strategic Partnership in Recent Months

[MarketMakerss]

The incorporation of advanced Artificial Intelligence algorithms in drones and UAVs has substantially expanded their capabilities, making them more versatile and in high demand. This had led to 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)

Situated within this growing market, Aether Global Innovations (AETH.c AETHF) is a drone management and automation services provider, specializing in cutting-edge drone operation and development solutions by leveraging automation to optimize performance and facilitate seamless communication within fleets.

Recently, AETH entered into a strategic joint venture partnership with RufDiamond, a distributor and retrofitter of all-terrain vehicles and equipment.

The JV will focus on identifying business opportunities to develop, integrate and deploy an automated drone solution using RufDiamond's retrofitted all-terrain FatTruck vehicle platforms.

This partnership is a strategic and opportunistic move for both AETH and RufDiamond as numerous clients in their respective sales pipelines have shown interest in autonomous drones integrated with all-terrain vehicle platforms.

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.”

Emphasizing AETH's commitment to growth and its steady expansion path, this is the sixth strategic partnership that AETH has entered into in recent months.

By 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.