FlyTech IL News
4 articles
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Aerodrome expanding drone offering with $4.5 million acquisition of FlyTech
Israeli company Aerodrome is expanding its civilian offering by acquiring FlyTech, a company that develops drone solutions for the civilian market. The acquisition amount is NIS 15 million ($4.57 million) and will be paid in a combination of cash and shares. Aerodrome aims to grow in the U.S. market, where FlyTech already has a foothold. FlyTechs clients include Israel Railways, Intel, Motorola, Mekorot, Israel Electric Corporation, and the Ministry of Defense. Aerodrome, traded on the Tel Aviv Stock Exchange, had a market cap of NIS 225 million ($68.5 million) as of Sunday. This is Aerodromes third acquisition this year.
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https://www.jpost.com/jpost-tech/israeli-startup-flytech-seeks-to-make-drone-home-deliveries-the-norm-664226
Israeli startup FlyTech will launch its gliders in the countrys two-year autonomous drone delivery initiative. The pilot program aims to create a national drone network for commercial deliveries, medical transport, and urban air mobility. FlyTech, along with two other Israeli companies, Airwayz and SkyLink, will develop autonomous software-run gliders for unmanned delivery. The startups goal is to use drones to reduce delivery times and traffic on Israels roads. The company plans to replace trucks and make deliveries from logistics centers. The pilot program is expected to last for two years and is organized in collaboration with the innovation Authority in the Prime Minister’s Office.
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FlyTech wins two-year pilot contract for drone deliveries in Israel KrASIA
Israeli company FlyTech has won a government contract to begin a drone delivery pilot program in Hadera and Haifa. The company will collaborate with Israeli companies AirWayz and SkyLinx, as well as the Israel Innovation Authority, to test the use of drones as unmanned delivery vehicles. The pilot program will focus on delivering small packages, such as letters or cups of coffee, with the potential to expand to larger tools in the future. FlyTech aims to establish itself in the country before expanding internationally in late 2021 or early 2022. The initiative is part of a government-led project called NAAMA, which aims to create a national drone network for commercial delivery, medical transport, and urban air mobility.
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13 ways Israel is helping the world fight forest fires
The article discusses the increasing frequency and intensity of wildfires globally and the innovative solutions being developed in Israel to combat this issue. These include Googles first crisis alert product, drones from FlyTech IL to spot forest fires quickly, Edgybees real-time augmented reality data for emergency responders, Elbit Systems high-altitude, high-precision firefighting solution, and Fighting Treetop Fires system of algorithm-controlled laser beams. Other solutions include BreezoMeters live air-quality reports, ClimaCells weather intelligence platform, and Watergens atmospheric water generator. The article also mentions partnerships and cooperation with other countries in firefighting efforts.
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