UTM Provider Unifly Draws More Investors

 - July 2, 2019, 10:51 AM

Unmanned traffic management (UTM) software provider Unifly has raised an additional $19.2 million from investors, including Deutsche Flugsicherung (DFS, Germany’s national ATC authority) and the sovereign wealth fund of Belgium (FPIM). FPIM manages the federal government’s shareholdings, cooperates with the government on specific projects, and pursues its own investment policy in the interests of the Belgian economy. The new investors join others including Japan’s Terra Drone and Belgian investors QBIC and PMV.

Unifly’s UTM software enables safe drone tracking and management alongside commercial aviation. It provides visibility on where drones can fly, requests and provides flight approvals, manages potential conflicts, and implements regulations, including no-fly zones. 

The company has won national contracts with Germany, Belgium, Denmark, and Austria, and several U.S. regions, including the NuAir Northeastern UAS flight corridor and research site. Unifly also manages drone corridors in Japan and Malawi. It is a selected technology provider for the U.S. FAA's LAANC (Low Altitude Authorization and Notification Capability) program.