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Business Standard
10 hours ago
- Business
- Business Standard
Redwing Acquires Assets of Swedish Drone Delivery Startup Aerit, Adding European Entry and ML-Based Flight Routing Capabilities
BusinessWire India Bengaluru (Karnataka) [India], June 7: Redwing, a leading provider of drone-based instant logistics solutions from India, today announced the strategic acquisition of the assets of Aerit, a Swedish drone delivery startup recognized for its advanced autonomous delivery technology for suburban homes. This asset acquisition significantly strengthens Redwing's position in Europe, accelerating its expansion efforts in one of the world's fastest-growing drone logistics markets. Aerit had successfully collaborated with Foodora in 2024, with EASA's SAIL II permits for Sweden operations for delivering food from retailers to consumers. Built by a talented team of engineers from Spotify, Scania Group & PhDs, it was the 1st company to complete commercial food drone delivery in Sweden. The integration of Aerit's state-of-the-art autonomous flight technology "Stewie" and operational know-how significantly enhances Redwing's technological portfolio. This move allows Redwing to rapidly develop and deploy advanced drones tailored specifically to the complex and evolving needs of the logistics sector. Aerit's drone systems are acclaimed for their safety, reliability, and operational efficiency, attributes critical to achieving scalable drone operations and commercial viability. This acquisition underscores Redwing's commitment to driving innovation and achieving leadership in the BVLOS drone logistics industry. With a proven track record of more than 300,000 kilometers of Beyond Visual Line of Sight (BVLOS) flights, Redwing has consistently demonstrated the capability and readiness of its autonomous drone platform in demanding scenarios such as drone logistics in rain, hilly terrains & coastal winds. By integrating Aerit's expertise, Redwing further solidifies its ability to deliver comprehensive, highly reliable drone-based solutions that meet stringent European regulatory requirements. "The acquisition of Aerit is a pivotal step for Redwing, expanding the BVLOS portfolio & improving ML-based flight routing capabilities alongside EASA regulatory headway," said Anshul Sharma, co-founder of Redwing. "By combining Aerit's innovative technology and European market presence with Redwing's deep expertise in scalable, autonomous drone logistics, we are excited to complete this acquisition process."
Business Upturn
a day ago
- Business
- Business Upturn
Redwing Acquires Assets of Swedish Drone Delivery Startup Aerit, Adding European Entry and ML-Based Flight Routing Capabilities
Bengaluru, Karnataka, India: Redwing, a leading provider of drone-based instant logistics solutions from India, today announced the strategic acquisition of the assets of Aerit, a Swedish drone delivery startup recognized for its advanced autonomous delivery technology for suburban homes. This asset acquisition significantly strengthens Redwing's position in Europe, accelerating its expansion efforts in one of the world's fastest-growing drone logistics markets. Aerit had successfully collaborated with Foodora in 2024, with EASA's SAIL II permits for Sweden operations for delivering food from retailers to consumers. Built by a talented team of engineers from Spotify, Scania Group & PhDs, it was the 1st company to complete commercial food drone delivery in Sweden. The integration of Aerit's state-of-the-art autonomous flight technology 'Stewie' and operational know-how significantly enhances Redwing's technological portfolio. This move allows Redwing to rapidly develop and deploy advanced drones tailored specifically to the complex and evolving needs of the logistics sector. Aerit's drone systems are acclaimed for their safety, reliability, and operational efficiency, attributes critical to achieving scalable drone operations and commercial viability. This acquisition underscores Redwing's commitment to driving innovation and achieving leadership in the BVLOS drone logistics industry. With a proven track record of more than 300,000 kilometers of Beyond Visual Line of Sight (BVLOS) flights, Redwing has consistently demonstrated the capability and readiness of its autonomous drone platform in demanding scenarios such as drone logistics in rain, hilly terrains & coastal winds. By integrating Aerit's expertise, Redwing further solidifies its ability to deliver comprehensive, highly reliable drone-based solutions that meet stringent European regulatory requirements. 'The acquisition of Aerit is a pivotal step for Redwing, expanding the BVLOS portfolio & improving ML-based flight routing capabilities alongside EASA regulatory headway,' said Anshul Sharma, co-founder of Redwing. 'By combining Aerit's innovative technology and European market presence with Redwing's deep expertise in scalable, autonomous drone logistics, we are excited to complete this acquisition process.' About REDWING Advertisement Redwing is a multi-use BVLOS drone company based out of Bangalore. They design, build and operate drones with Beyond Visual Line of Sight Capability (BVLOS) that are designed to travel long distances reliably for logistics & other applications. Redwing team has received 12 awards combined in the US and Asia-Pacific by industry giants such as NASA, Lockheed Martin, Boeing, and Airbus through collegiate competitions and is Forbes 30 Under 30 Asia. Website: Click here for Media Contact Details Submit your press release Disclaimer: The above press release comes to you under an arrangement with Business Wire. Business Upturn takes no editorial responsibility for the same.
