ADTI and Halberd to Develop Advanced Drones

Advanced Defense Technologies recently declared it has entered into a joint venture agreement with North Carolina-based Halberd Corporation to develop advanced drones and UAVs.

The collaboration accentuates on the short and long range drones and UAVs for defense and commercial markets. An industry research firm, Teal Group stated that the global expenditure on drones is estimated to increase two-fold in the next 10 years, growing up to $11.3 billion per year.

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Source: sUAS News

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