Aquiline Drones signs exclusive U.S. manufacturing and distribution licensing agreements with Drone Volt

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Drone solutions and aviation cloud company Aquiline Drones (AD) has signed exclusive U.S. manufacturing and distribution licensing agreements with Drone Volt (ALDRV.PA), a French aeronautic manufacturer of professional civilian drones, on-board artificial intelligence, edge computing and UAS production.

Under the terms of this five-year agreement, Aquiline Drones will take over the global production of two of Drone Volt’s UAS, the Hercules 2 and the Altura Zenith. Aquiline Drones will also be the sole manufacturer of the Pensar smart camera, which is a multispectral sensor equipped with artificial intelligence and edge computing capabilities.

Aquiline Drones will be the exclusive provider of the Hercules 2, Altura Zenith and the Pensar in the United States.

“We are delighted beyond measure for this aptly timed and mutually beneficial union with Drone Volt,” says Barry Alexander, CEO and founder of Aquiline Drones.

“While we have been in operation for just under two years, we spent almost four years incubating this idea of making Hartford ‘Drone Central’ and the State of Connecticut the ‘Drone Capital’ of the US. Our partnership with Drone Volt has catapulted us to the front of the line with world-class design and unmatched capabilities in the commercial drone space.”

Aquiline Drones says that it will manufacture 1,300 drones by the end of 2020. The company will also add 55 new technical and manufacturing jobs in Hartford, Connecticut—where it is based—by year’s end, with the goal of exceeding 1,000 positions by the end of 2024.

Aquiline Drones expects to have an output rate of 10,000 drones per month by the end of 2021.