CURRENT

Aerodyne inks agreement with Grupo DR1 to expand market

19 Dec 2022, 3:47 AM
Aerodyne inks agreement with Grupo DR1 to expand market

KUALA LUMPUR, Dec 19 — Aerodyne Group (Aerodyne), the world’s leading DT3 (Drone Technology, Data Technology, and Digital Transformation) company has inked an agreement to acquire a controlling interest in Grupo DR1.

The agreement is to further expand its presence in Latin America (LATAM), in line with Aerodyne’s global expansion plan.

The strategic investment marks Aerodyne’s entry into Brazil, the largest market in LATAM, as Grupo DR1 is one of the leading professional drone operators and service providers in the country.

Aerodyne’s chief strategy officer, Amir Zakwan Anuar said the investment is a platform for Aerodyne to expand its footprint into Brazil and to export technology solutions and other value-added services to Grupo DR1’s existing clientele and beyond.

“This is the first of a new wave of investments in the Aerodyne Group pipeline in our strategy to consolidate the drone technology market.

“We look forward to fuelling the next phase of growth in LATAM and contributing to the development of the region," he said in a statement today.

Meanwhile, Grupo DR1 chief executive officer, Mateus Santos, expressed his excitement about the company being Aerodyne’s strategic partner, leveraging the latter’s global footprint and expertise in data technology and digital transformation.

“This partnership will allow us to offer the most innovative and differentiated value proposition for our clients, enabling Grupo DR1 to expand its wings not only in new verticals but also increase the depth of technology solutions with existing clients,” he said.

It also provides Aerodyne with the opportunity to tap into the largest oil and gas drone services market in LATAM, which is expected to grow at a compound annual growth rate of more than 70 per cent in the next few years.

— Bernama

What do you think?

Latest
MidRec
Media Selangor
About Us

Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.

Properties
MS: f922288e558c3b7b1d99bd47484377b4
EN: cd68e718a4d41dc8ef70c9d27c60e1f1
ZH: 100cdec69db9bc7fd9f175cab704a072
TA: 7b60ca9b9b7a9838dc33c5db6fb6f38c
TV-MS: 5c53513d790774360d169f98c36ce619