Airbus is Seeking Outside Investment for Zephyr Drone Written 23 January 2023

Reuters reports that Airbus said on Monday “it was seeking outside investment for its high-altitude surveillance and communications drone programme Zephyr, in a bid to scale the business and accelerate its commercialization.” The solar-powered Zephyr drone “is designed to linger at an altitude of about 70,000 feet (21 kilometres) for months at a time for surveillance or to provide a temporary boost to communications.” The drone relies “on solar energy, with secondary batteries charged in daylight to power overnight flight.” The French aircraft maker “has tapped Morgan Stanley to find external partnerships for the unit, which will operate under the brand name ‘Aalto,’ a company spokesperson told Reuters.”
Full Story (Reuters)