EIC grant for Dronamics
Dronamics, the world’s first cargo drone airline with licence to operate in Europe, has been awarded a USD 2.5 million grant by the European Commission under the European Innovation Council (EIC) accelerator programme. The EIC has also expressed a material commitment to support Dronamics’ upcoming series A round.
The grant will support the development and roll-out of Dronamics’ cargo drone fleet, the deployment of the first drone ports in its network as well as operations in Europe. The European Union is home to millions of people who live in territories that often take days to reach by traditional freight.
Dronamics aims to democratise air freight, by enabling affordable and sustainable same day delivery for businesses and communities everywhere, especially remote and under-served ones. Dronamics was selected among nearly 1,000 candidates. (cj)