UAE’s EDGE to invest $14 million in unmanned air traffic management provider High Lander
Abu Dhabi: UAE’s EDGE, an advanced technology and defense group, is investing $14 million in High Lander, the company behind Universal UTM, a drone-agnostic unmanned traffic management solution.
Faisal Al Bannai, Chairman of the Board of Directors of EDGE, said: “With the rapid growth of EDGE and our increasing focus on developing world-leading autonomous aerospace solutions, the need for a superior and ready-to-use air traffic management platform may not be more urgent.
“Today’s operating environment requires state-of-the-art unmanned air traffic control systems, and High Lander provides the only truly versatile solution for this critical need. It is logical for EDGE that we invest in High Lander as a major shareholder, and for The timing is mutually beneficial for both companies, allowing us to jointly develop and refine these solutions in both the military and civilian sectors.”
Alon Abelson, Co-Founder and CEO of High Lander, said: “We are excited about our strategic partnership with EDGE as it strengthens High Lander as a leader in drone fleet management and UTM as we begin to expand globally. Space market leadership. High Lander and EDGE share a common goal of creating the most technologically advanced airspace automation system, and we look forward to working with EDGE for many years to come.”
High Lander’s Universal UTM oversees the busiest airspace, allowing multiple drones to operate simultaneously. From pre-flight authorization to mid-mission changes and post-flight logs, Universal UTM can manage all aspects of airspace control.
