Drone developer Natilus secures US$6 billion in purchases

Drone developer Natilus secures US$6 billion in purchases

Quadrocopter with corrugated cargo in the sky. 3D Rendering

AUTONOMOUS cargo drone developer Natilus has acquired US$6 billion for the delivery of 440 aircraft in pre-orders.

Orders are from companies including Volatus Aerospace, Astral Aviation, Aurora, Dymond and Flexport.

Previously, Flexport completed a $900 million investment round and has signed a Letter of Intent (LOI) for two 100T Natilus aircraft, with an option for a third.

Natilus aims for its aircraft range to increase cargo volume 60 per cent, while cutting costs 60 per cent and lowering carbon emissions 50 per cent.

“Today, there are two ways to move cargo internationally: by air and by sea. The difference between the cost and time of these two modes of transportation is dramatic,” said Natilus chief executive Aleksey Matyushev.

“Sea freight is currently 13 times less expensive than air freight; but 50 times slower in delivery. Natilus intends to revolutionize the transport industry by providing the timeliness of air freight at an affordable cost reduction of 60 per cent, making air cargo transportation substantially more competitive.”