According to an exclusive report by The Insight Partners the global Commercial Drone Market is projected to reach $53.66 billion by 2030, with a remarkable CAGR of 25.3% from 2022 to 2030. This growth is driven by increased demand for logistics operations and the popularity of unmanned aerial vehicles.
https://www.globenewswire.com/news-release/2023/10/10/2757283/0/en/Commercial-Drone-Market-Size-to-Hit-53-66-Billion-Globally-by-2030-Exclusive-Report-by-The-Insight-Partners.html/
Amidst this growing market, Aether Global Innovations (Ticker: AETH.c or AETHF for US investors) is utilizing AI technology to improve drone performance and enable seamless communication among drone fleets.
AETH specializes in creating drone technology for security monitoring, warehouse management, farming, oil & gas, and more. AETH's core areas of expertise include: advancing drone design & development, pioneering automation and integration for flight planning, independent power solutions and enhancing drone base stations for autonomous self-landing, efficient power charging, and seamless takeoff.
Their innovative approach utilizes automation to optimize drone operations, seamlessly integrating them into existing systems.
To enhance their sales and intellectual property (IP) portfolio, AETH has entered into a Profit and IP Sharing Agreement with Idroneimage. Under this collaboration, profits from all sales of Idroneimage's innovative NeXus and NeXusPlus Drone-in-a-Box (Diab) solutions will be shared.
This collaboration grants AETH a significant 25% share of the generated profits, solidifying their crucial position in the drone technology market. Besides profit sharing, both companies jointly retain all intellectual property resulting from software development initiated within this partnership. AETH's primary role involves expanding global sales and advancing research and development initiatives.
Full news here: 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.