Unifly raises €10.0 Million from Terra Drone and JOIN

World leading Unmanned Traffic Management  (UTM) system provider Unifly N.V. (Unifly), announced today €10 Million funding from Terra Drone Corporation (Terra Drone) and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN).

The proceeds will be used to continue product development and solidify our position as the most reliable and sustainable UTM system provider.

Japanese government fund JOIN has announced its decision and receipt of approval from the Minister of the Land, Infrastructure, Transport and Tourism of Japan, to invest in the Belgium-based world’s leading provider of the UTM system, together with Japan’s industrial drone solution company, Terra Drone.

Through this investment, JOIN and Terra Drone intend to support the development of the UTM system which enables safe and efficient drone and aircraft flight management. This project marks JOIN’s first investment in the drone industry.

Founded in 2015 by Air Traffic Management and Drone experts, Unifly has been recognised as one of the top UTM system providers – by not only winning 7 national level contracts including NAV CANADA, Canadian Air Navigation Service Provider (ANSP), but also German ANSP – DFS Deutsche Flugsicherung GmbH – being one of its major shareholders. Diverse and notable shareholders are backing the long-term success of Unifly. Utilising Terra Drone’s knowledge and network, Unifly intends to expand UTM worldwide.