Natilus secures $6bn in purchases

Autonomous cargo drone developer Natilus has announced advanced purchase commitments of more than $6bn for the delivery of 440+ aircraft in pre-orders.

Orders are from companies including Volatus Aerospace, Astral Aviation, Aurora, Dymond and Flexport.

Earlier this month, Flexport completed a $900m investment round and has signed a Letter of Intent (LOI) for two 100T Natilus aircraft, with an option for a third.

California-based Natilus, which said it is producing the world’s first purposefully designed and manufactured autonomous aircraft for airfreight transport, aims for its aircraft range to increase cargo volume by 60%, while cutting costs by 60% and lowering carbon emissions by half.

Read the entire article on AirCargoNews.