Business

​Introduction​ In 2025, China launched strategic low-altitude economy funds targeting Southeast Asia—Suzhou established a 6.9 billion “Talent + Industry” fund (including 690 million for low-altitude tech), while Sichuan initiated a $4.1 billion industrial fund. This capital surge fuels a US-China battle for drone standards and regional dominance: US legislation like the Comprehensive Counter-UAS Act aims to exclude Chinese tech, […]

​Introduction​ In March 2025, Australian drone logistics leader Kite Aero announced its acquisition of Swoop Aero’s core assets, including the ​Kite drone series​ and ​AI-powered logistics software platform. This strategic move aims to transform Swoop’s proprietary system into an ​open-source platform, inviting third-party logistics providers, governments, and hardware manufacturers to collaborate on establishing a universal

​Introduction​ In July 2025, U.S. defense tech startup Firestorm Labs closed a 47 million Series A round led by NEA, with participation from Lockheed Martin Ventures, Booz Allen Ventures, and J.P. Morgan (12 million venture debt). This funding accelerates the deployment of its ​xCell mobile manufacturing system—a 20-foot containerized “factory-in-a-box” capable of 3D printing mission-specific drones