The completion of the Series B round will enable Verity to accelerate its mission of providing data-driven intelligence and inventory management solutions through self-flying drones.

This development opens up opportunities for companies like Skyportz to build operational networks for electric air taxis.

The latest capital raise brings the companies total investment to $9 million

The investment follows a successful proof of concept established during an accelerator program at Fiumicino airport's Innovation Hub.

The innovative solution involves a tethered drone equipped with high-speed low-earth orbit satellite connectivity from Vocus Satellite - Starlink

This development brings exciting news for drone operators, as it simplifies the process of accessing low-altitude airspace and promotes safer drone operations.

Contract aims to integrate and test next-generation autonomy software on various uncrewed aerial system platforms.

Since its founding, TX has made significant progress, deploying hundreds of its robots in various dynamic environments outside of factories on a commercial scale