Unifly NV

Unifly NV, based in Belgium, specializes in UAS Traffic Management solutions, enhancing the safety and efficiency of drone operations across various sectors. Unifly NV, founded in 2015 in Antwerp, Belgium, provides advanced UAS Traffic Management solutions. In August 2023, Unifly was acquired by Terra Drone Corp. , which now holds a 51% stake.

The company has been involved in 7 deals, with the latest funding round in 2023 raising EUR 10. 00 mn from investors including Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development and Terra Drone Corp. The founders are Jürgen Verstaen, Koen Meuleman, and Thijs Kerkhof, with Andres Van Swalm serving as CEO. Unifly's core offerings center around its advanced UAS Traffic Management (UTM) platform, which is designed to enhance the safety and efficiency of drone operations across various applications.

By integrating functionalities such as airspace management, flight planning, and real-time tracking, the platform facilitates seamless operations for both UAS and Urban Air Mobility (UAM) operators. An integral component of their product suite is the BLIP (Broadcast Location & Identification Platform), a device that combines remote identification with real-time tracking capabilities. Unifly serves a diverse clientele, including Air Navigation Service Providers (ANSPs), UAM/AAM operators, and defense organizations, primarily targeting markets in Europe, North America, and Asia Pacific. The company emphasizes compliance with global regulations, ensuring that its offerings align with standards set forth by authorities such as the European Union.

Unifly generates revenue primarily through subscription-based models and partnerships with various stakeholders in the drone ecosystem. Clients typically engage with Unifly for access to its UTM platform, either via direct subscriptions or through integrative partnerships that enhance their service offerings. The transactions structure may involve recurring fees for platform usage, as well as ancillary charges for premium features and support services. Additionally, the company's partnerships with UTM service providers and drone operators facilitate a steady revenue stream as they deploy Unifly’s technology for improved airspace management.

For the year 2022, Unifly reported an EBITDA of EUR -4,957,810. 80. In August 2023, following the acquisition by Terra Drone Corp. , Unifly plans to leverage its new parent company's resources to expand its global footprint in drone and flying car operation management.

The funding from the acquisition will support these initiatives, aiming to introduce new products into the market, although specific launch dates have yet to be disclosed. Unifly will focus on expanding into regions such as Asia Pacific and North America while enhancing its technology to cater to the evolving needs of the drone industry.