The order is part of a procurement initiative by Norway's Ministry of Defense to provide additional UAS to Ukraine.

DroneShield anticipates receiving full payment for the order by the end of 2023, which is expected to contribute to another record-breaking year for the company.

The plan focuses on the "Innovate28" AAM project, reflecting the FAA's objective to permit AAM operations at limited locations by 2028.

Equipped with a 15-liter volume capacity and a range of 100 km, the Eiger drone empowers Tacuarembó Hospital to transport essential medical supplies and products like breast milk, blood samples, and medicine.

The funding will support the development of Figure 01, the company's autonomous humanoid robot, and the expansion of Figure's AI data pipeline for autonomous operations, ultimately driving the company towards commercialization.

Carbonix and Aerial Vantage partner to provide Michigan farmers with advanced data to promote sustainability, enhance water and nutrient management, and improve crop yield forecasting.

With the newly acquired funds, Rice Robotics has already established a state-of-the-art production plant in Hong Kong's Tsuen Wan industrial area, quadrupling its annual production capacity.

The investment will accelerate the company's operations, expanding its market presence, and advancing research and development efforts.