Latest news with #BVLOS
Malaysian Reserve
27-06-2025
- Business
- Malaysian Reserve
Drone Battery Market worth $2.41 billion by 2030
DELRAY BEACH, Fla., June 27, 2025 /PRNewswire/ — The drone battery market is expected to reach USD 2.41 billion by 2030, from USD 1.59 billion in 2025, at a CAGR of 8.7% according to a new report by MarketsandMarkets™. The drone battery market is rapidly expanding due to the increasing use of drones across agriculture, delivery services, defense, and rescue operations. These applications require robust batteries that provide long-lasting power and perform effectively under challenging conditions. As more companies transition from small hobby drones to larger commercial drones, there is a growing demand for improved battery technology. Emerging battery types, such as lithium-silicon and hydrogen fuel cells, are enabling drones to fly longer distances and charge more quickly. Additionally, advanced drone systems, like Beyond Visual Line of Sight (BVLOS) operations and drone swarms, necessitate sophisticated battery management systems. With a heightened focus on clean energy solutions, the demand for high-performance drone batteries is on the rise, contributing to the swift growth of the market. Download PDF Brochure: Browse in-depth TOC on 'Drone Battery Market' 350 – Tables80 – Figures360 – Pages Drone Battery Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 1.59 billion Estimated Value by 2030 $ 2.41 billion Growth Rate Poised to grow at a CAGR of 8.7% Market Size Available for 2020–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Platform, Technology, Component, Point Of Sale, and Capacity and Region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Lack of fast-charging infrastructure for large and industrial drones Key Market Opportunities Substantial public and private sector investments Key Market Drivers Elevated demand for drones across various applications Aftermarket is expected to be the fastest-growing segment by point of sale during the forecast period. Aftermarket is the fastest growing segment in the drone battery market, as more companies require support after purchasing batteries. Drones are utilized in various fields such as delivery, agriculture, and defense, which creates a need for services like spare part replacement, upgrades, and assistance with system integration. For instance, in the defense sector, specialized batteries may be necessary for different missions. Additionally, businesses seek prompt repairs and maintenance to ensure that drones continue operating without delays. To minimize downtime, companies are providing quicker services such as product integration and smart maintenance. As the use of drones continues to expand, the demand for after-sales services is also increasing, leading to rapid growth in the aftermarket segment. Military is expected to be the largest segment by platform during the forecast period. Military represents the largest and most critical segment of the drone battery market. Military drones require strong and reliable batteries to perform demanding missions. These drones are designed to fly for extended periods and carry heavy tools such as cameras and weapons, which require significant power. Additionally, they must operate in various challenging environments, necessitating specialized battery systems. Military drones incorporate advanced technologies, including artificial intelligence, and can function without direct human control. This capability enhances their performance and increases the need for dependable and efficient battery systems to safely manage power. As these drones become more sophisticated, the demand for high-performance batteries continues to rise. Inquiry Before Buying: North America is expected to be the most dominant regional market during the forecast period. North America is the leading region in the drone battery industry, home to many top drone and battery companies. Businesses in this area are adopting new technologies to create batteries that last longer and operate more safely. Drones are widely utilized for delivery, agriculture, inspections, and security in this region. Companies are developing new types of batteries, such as lithium-silicon and hydrogen fuel cells, to provide drones with extended flight times. Due to strong manufacturing capabilities, the use of advanced technology, and the high demand for drones, North America continues to excel in the drone battery market. EaglePicher Technologies (US), RRC Power Solutions GmbH (Germany), Shenzhen Grepow Battery Co., Ltd. (China), Epsilor-Electric Fuel Ltd. (Israel), Tadiran Batteries (US), Plug Power Inc. (US), SES AI Corporation (US), Sion Power Corporation (US), Intelligent Energy Limited (UK), H3 Dynamics (Singapore), Honeywell International Inc. (US), Inventus Power (US), MMC (China), and Doosan Mobility Innovation (South Korea) are the major players in the drone battery companies. These companies have strong distribution networks across North America, Europe, Asia Pacific, the Middle East, and the Rest of the World. Get 10% Free Customization on this Report: Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting See More Latest Aerospace and Defence Reports: Satellite Internet Market by Customer (Household & Community Wi-Fi, Mobility Internet, Business Connectivity, Telecom Backhaul, Emergency Response, Military Communications), Frequency (UHF, SHF, EHF), Speed, Orbit and Region – Global Forecast to 2030 Europe High-torque Synchronous Motor Market for Marine by Application (Propulsion, Auxiliary Systems, Deck Machinery), Vessel Type (Yachts, Ferries, Containers, Bulk Carriers, Tankers, Corvettes, Submarines), Torque and Power – Regional Forecast to 2030 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content:
Observer
10-06-2025
- Business
- Observer
Omani firm eyes drone-based cargo deliveries before year-end
MUSCAT: In a breakthrough for aerial logistics via unmanned aircraft in the Sultanate, Esbaar – an Omani provider of artificial intelligence (AI) and autonomous systems – is gearing up to launch heavy-duty drone-based cargo services for key sectors across the country. According to a senior project official, Esbaar aims to roll out the service – a first for Oman – before the end of this year. Esbaar, one of the first Omani companies to launch drone-based inspection and survey services in 2017, has since been developing cargo delivery capabilities through newly engineered unmanned aerial vehicles (UAVs) designed to carry payloads to specific destinations in the Sultanate, said Hamadi Ben Ftima, Cargo Drones Project Manager. 'Our service offers a modern solution to logistics challenges, as our drones can operate at any time, above traffic and terrain, including in remote or time-critical areas. This will enable our customers to expand their operations, reduce non-productive time, cut their carbon footprint, and achieve their business objectives,' he noted. Speaking to the Observer, Ben Ftima said the initiative centers on deploying a fleet of heavy-duty drones capable of handling cargo ranging from as little as 500 grams up to 700 kilograms. 'We are initially targeting an operational area encompassing Haima, Qarn Alam, Adam, Nizwa, and Muscat. However, to be fully prepared, we will need to establish centralized hubs from which the drones will collect payloads for delivery to customer sites. The locations of these hubs and the flight paths will depend on customer profiles and specific requirements – matters currently under discussion,' he explained. Esbaar is targeting potential clients in the oil and gas, renewable energy, mining, agriculture and fisheries, healthcare, and emergency response sectors. The company also plans to serve the offshore sector, including oil rigs and platforms, Ben Ftima added. Currently, Esbaar operates a fleet of around 30 drones used primarily for inspection, surveying, and 3D modeling services. The company employs both Visual Line of Sight (VLOS) and Beyond Visual Line of Sight (BVLOS) operations. BVLOS enables drones to operate beyond the pilot's direct visual range, allowing for extended coverage and efficient performance in tasks such as long-range pipeline inspections and remote infrastructure surveys. VLOS, by contrast, requires the pilot to maintain visual contact with the drone throughout its flight. In preparation for the cargo service launch, Esbaar has been conducting at least eight hours of continuous BVLOS flights to build in-house expertise. The company also anticipates significant job creation for Omanis, who will be trained to operate drones, manage logistics hubs, and provide supporting services. Asked about the timeline for the service launch, Ben Ftima said it depends on several factors: signing contracts with customers, finalizing flight plans and operational protocols, and securing approval from the Civil Aviation Authority (CAA). The goal, he emphasized, is to launch Oman's first drone cargo delivery service before the end of the year.
Business Standard
07-06-2025
- Business
- Business Standard
Redwing Acquires Assets of Swedish Drone Delivery Startup Aerit, Adding European Entry and ML-Based Flight Routing Capabilities
BusinessWire India Bengaluru (Karnataka) [India], June 7: Redwing, a leading provider of drone-based instant logistics solutions from India, today announced the strategic acquisition of the assets of Aerit, a Swedish drone delivery startup recognized for its advanced autonomous delivery technology for suburban homes. This asset acquisition significantly strengthens Redwing's position in Europe, accelerating its expansion efforts in one of the world's fastest-growing drone logistics markets. Aerit had successfully collaborated with Foodora in 2024, with EASA's SAIL II permits for Sweden operations for delivering food from retailers to consumers. Built by a talented team of engineers from Spotify, Scania Group & PhDs, it was the 1st company to complete commercial food drone delivery in Sweden. The integration of Aerit's state-of-the-art autonomous flight technology "Stewie" and operational know-how significantly enhances Redwing's technological portfolio. This move allows Redwing to rapidly develop and deploy advanced drones tailored specifically to the complex and evolving needs of the logistics sector. Aerit's drone systems are acclaimed for their safety, reliability, and operational efficiency, attributes critical to achieving scalable drone operations and commercial viability. This acquisition underscores Redwing's commitment to driving innovation and achieving leadership in the BVLOS drone logistics industry. With a proven track record of more than 300,000 kilometers of Beyond Visual Line of Sight (BVLOS) flights, Redwing has consistently demonstrated the capability and readiness of its autonomous drone platform in demanding scenarios such as drone logistics in rain, hilly terrains & coastal winds. By integrating Aerit's expertise, Redwing further solidifies its ability to deliver comprehensive, highly reliable drone-based solutions that meet stringent European regulatory requirements. "The acquisition of Aerit is a pivotal step for Redwing, expanding the BVLOS portfolio & improving ML-based flight routing capabilities alongside EASA regulatory headway," said Anshul Sharma, co-founder of Redwing. "By combining Aerit's innovative technology and European market presence with Redwing's deep expertise in scalable, autonomous drone logistics, we are excited to complete this acquisition process."
Business Upturn
06-06-2025
- Business
- Business Upturn
Redwing Acquires Assets of Swedish Drone Delivery Startup Aerit, Adding European Entry and ML-Based Flight Routing Capabilities
Bengaluru, Karnataka, India: Redwing, a leading provider of drone-based instant logistics solutions from India, today announced the strategic acquisition of the assets of Aerit, a Swedish drone delivery startup recognized for its advanced autonomous delivery technology for suburban homes. This asset acquisition significantly strengthens Redwing's position in Europe, accelerating its expansion efforts in one of the world's fastest-growing drone logistics markets. Aerit had successfully collaborated with Foodora in 2024, with EASA's SAIL II permits for Sweden operations for delivering food from retailers to consumers. Built by a talented team of engineers from Spotify, Scania Group & PhDs, it was the 1st company to complete commercial food drone delivery in Sweden. The integration of Aerit's state-of-the-art autonomous flight technology 'Stewie' and operational know-how significantly enhances Redwing's technological portfolio. This move allows Redwing to rapidly develop and deploy advanced drones tailored specifically to the complex and evolving needs of the logistics sector. Aerit's drone systems are acclaimed for their safety, reliability, and operational efficiency, attributes critical to achieving scalable drone operations and commercial viability. This acquisition underscores Redwing's commitment to driving innovation and achieving leadership in the BVLOS drone logistics industry. With a proven track record of more than 300,000 kilometers of Beyond Visual Line of Sight (BVLOS) flights, Redwing has consistently demonstrated the capability and readiness of its autonomous drone platform in demanding scenarios such as drone logistics in rain, hilly terrains & coastal winds. By integrating Aerit's expertise, Redwing further solidifies its ability to deliver comprehensive, highly reliable drone-based solutions that meet stringent European regulatory requirements. 'The acquisition of Aerit is a pivotal step for Redwing, expanding the BVLOS portfolio & improving ML-based flight routing capabilities alongside EASA regulatory headway,' said Anshul Sharma, co-founder of Redwing. 'By combining Aerit's innovative technology and European market presence with Redwing's deep expertise in scalable, autonomous drone logistics, we are excited to complete this acquisition process.' About REDWING Advertisement Redwing is a multi-use BVLOS drone company based out of Bangalore. They design, build and operate drones with Beyond Visual Line of Sight Capability (BVLOS) that are designed to travel long distances reliably for logistics & other applications. Redwing team has received 12 awards combined in the US and Asia-Pacific by industry giants such as NASA, Lockheed Martin, Boeing, and Airbus through collegiate competitions and is Forbes 30 Under 30 Asia. Website: Click here for Media Contact Details Submit your press release Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
Yahoo
27-05-2025
- Business
- Yahoo
Volatus Aerospace Announces Broad National Expansion of Drone Operating Authorities Across Canada, Unlocking Scalable, High-Value Aerial Operations
/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT; OTCQX: TAKOF; Frankfurt: A2JEQU) ('Volatus', or the 'Company'), a leading provider of innovative aerial intelligence and logistics solutions, is proud to announce that Transport Canada has granted the Company additional nationwide Special Flight Operations Certificates (SFOC) that dramatically expand the scope and flexibility of Volatus' commercial drone operations and allows for expanded use of the Company's Operations Control Center (OCC) in Vaughan, ON. Expanded Nationwide Drone Operating Authorities Transport Canada has issued Volatus a newly amended SFOC unlocking a powerful suite of expanded drone operating privileges across Canada. These new authorities encompass operating procedure permissions that include: Canada-Wide BVLOS Authorization for Drone Operations Day and NightTo conduct beyond visual line-of-sight (BVLOS) operations using small drones (250g to 25kg) across the country, both day and night in uncontrolled airspace, outside of aerodrome environments, expanding the previously announced authority for nation-wide BVLOS authority at night. Proximity Flight Near InfrastructurePermission to operate an RPAS (Remotely Piloted Aircraft System) beyond visual line-of-sight without a pilot or visual observer maintaining visual contact within 100 feet vertically and 200 feet horizontally of structures such as buildings, towers, powerlines, and rail corridors, opening the door to close-proximity and long-range inspections, surveillance, and security patrols. Access to Restricted and Controlled AirspaceApproval to operate within Class F restricted airspace and NOTAM-defined zones, enabling missions in complex or dynamically managed environments. Operations in Northern Domestic AirspaceClearance for BVLOS drone flight operations at altitudes up to 400 feet AGL in Canada's Northern Domestic Airspace, supporting high-latitude missions for environmental monitoring, infrastructure inspection, cargo delivery and Indigenous community services. BVLOS Operations Without Visual ObserversSpecific authorization to operate RPAS beyond visual line-of-sight without the pilot or observer maintaining direct visual contact, leveraging Transport Canada-accepted detect-and-avoid technologies and operational protocols. Support for Remote and Automated SystemsThis enables integration with automated and remote drone operations, including nested (drone-in-a-box) solutions through accepted SORA-based risk mitigation and oversight. These regulatory advancements set the stage for scalable, automated, and commercially viable drone operations from coast to coast. Why It Matters: Regulatory Momentum with Commercial Impact Canada-Wide BVLOS, Day or Night – Using Transport Canada-accepted detect-and-avoid systems and safety protocols, Volatus is now authorized to fly drones across the country beyond visual line-of-sight, including at night. Heavy-Lift & High-Altitude Capability - The ability to fly certain drones over 25kg and above standard altitude ceilings unlocking extended operations in sectors such as cargo logistics, energy transmission line monitoring, search and rescue operations, and telecommunications tower inspections. Wildfire Response & Restricted Airspace Access - Volatus can operate in wildfire restricted airspace during active wildfire events—supporting government and firefighting agencies with aerial intelligence, hotspot detection, and real-time situational awareness. 'With these approvals, Volatus can more significantly and on a wider basis, provide clients with nationwide BVLOS drone services at scale for clients in energy, telecom, transportation, agriculture, mining, and public safety,' said Rob Walker, Chief Commercial Officer for Volatus. 'We can deploy heavier, longer-range drones capable of carrying larger payloads or extended sensors and we can commercialize our Operations Control Centre (OCC) offering a managed service for enterprise clients and partners—offering real-time drone oversight, mission management, and data collection including large scale deployment of drone-in-a-box solutions, nationwide with regulatory compliance.' Building on a Growing Portfolio of Regulatory Approvals These new authorizations build on the national nighttime BVLOS authority announced in March 2025, which permits drone operations beyond visual line-of-sight during legal night in uncontrolled airspace. In addition, Volatus holds a suite of existing and renewed Special Flight Operations Certificates (SFOCs) that collectively enable: Fixed-Corridor BVLOS for Medical Drone Deliveries approving operations beyond visual line-of-sight flights between hospitals, enabling medical cargo deliveries over an urban-adjacent environment with regulatory oversight and OCC-managed safety protocols, with ground-based radar serving as the detect-and-avoid (DAA) mitigation. High-payload operations with certain drones that exceed 25kg, supporting missions such as cargo transport, wildfire response, and infrastructure inspection. Operations in restricted wildfire airspace for forest fire support missions, including BVLOS flights above 400 feet AGL under agreements with provincial fire authorities. Altitude waivers for flights above standard ceiling limits in support of long-range and terrain-following missions. Use of Foreign Operators and Pilots, recognition of foreign operator and pilot credentials allows Volatus to deploy its multinational pilot workforce seamlessly across operations. With certified pilots based in Canada, the United States, and the United Kingdom, this flexibility enables rapid mobilization, efficient cross-border coordination, and global service delivery under a unified operational framework. Together, these approvals represent one of the most robust regulatory frameworks granted to any drone operator in Canada, positioning Volatus at the forefront of scalable, compliant, and high-impact drone services. 'These regulatory approvals don't just reflect our technical readiness, they position us at the forefront of Canada's evolving drone economy,' said Glen Lynch, CEO of Volatus. 'With the ability to fly further, higher, heavier—at any time and in many location scenarios—we're opening up a new scale of possibility for aerial intelligence and logistics.' Positioned for Leadership Volatus is among a select group of operators in Canada authorized to fly missions that meet Transport Canada's highest accepted safety assurance level for complex drone operations – SAIL 4. 'This means we've demonstrated that our technology, procedures, and risk mitigation strategies meet stringent safety standards required for higher-risk environments, including beyond visual line-of-sight flights in urban-adjacent areas. Operating at this level enables us to serve critical sectors, such as healthcare, infrastructure, and public safety—with safe, reliable, and compliant drone services at scale,' remarked Greg Colacitti, Chief Operating Officer for Volatus. 'These authorizations build upon one another to create an ecosystem where we can operate with flexibility, scale, and commercial viability,' Colacitti added. 'They give us a distinct operational advantage and make us the partner of choice for organizations seeking scalable, safe, and high-performance drone operations in Canada and beyond. About Volatus Aerospace: Volatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With a strong foundation of over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems (RPAS). We serve industries such as oil and gas, utilities, healthcare, and public safety. Our mission is to enhance operational efficiency, safety, and sustainability through cutting-edge, real-world solutions. Forward-Looking Information This news release contains statements that constitute 'forward-looking information' and 'forward-looking statements' within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes' or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information about the Shares-for-Debt Transaction, including information regarding the receipt of regulatory approvals, the conversion of the Debentures, the timing and anticipated benefits thereof, and expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include but are not limited to: the anticipated benefits of the conversion of the Debentures; TSXV approval of the Shares-for-Debt Transaction; and including, but not limited to, those factors set forth in the Company's annual and quarterly management's discussion and analysis filed on Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Contact Information:Rob Walker,
