Etc., the incubation team in BT Group’s Digital unit boosting the businesses of the future, today announces that it has entered into a £5 million deal with Altitude Angel, a global UTM (Unified Traffic Management) technology provider, as the two businesses scale the UK drone industry and support the development of the UK’s drone superhighway, set to be the largest and longest network of its kind in the world.
UTM is the software platform and infrastructure needed to allow drones to fly safely, without a pilot, over large distances. The £5 million deal will accelerate Altitude Angel’s roll-out of its transformative ARROW technology, which detects and identifies drones, while also enabling drones to share the airspace with crewed aviation safely and securely.
The deal is a critical stepping stone in enabling Altitude Angel to scale its technology to allow long distance drone flights, supporting the potential for faster delivery of essential and non-essential items and unlocking an industry estimated to be worth £45bn by 2030*. The deal is crucial to drone innovation, supporting commercial and retail use cases, but also enabling drones to transform how essential services function – from supporting the emergency services with real-time search and rescue, fast transportation of medical supplies, farming analysis, and architectural planning.
Following the earlier success of Project Xcelerate, a consortium led by BT Group and Altitude Angel, the relationship has continued to grow under Project Skyway, the largest and longest network of drone superhighways in the world, which is backed by the UK government’s Future Flight programme. ARROW, developed by Altitude Angel, is the foundation technology on which Project Skyway is being built, creating a 165-mile drone corridor spanning airspace above Reading, Oxford, Milton Keynes, Cambridge, Coventry, and Rugby.
Under the deal, BT Group will provide connectivity, network infrastructure and its scalability experience to deploy and maintain Altitude Angel’s ARROW tower network. Furthermore, BT Group will be the key reseller of Altitude Angel’s software in addition to providing commercial support for drone deliveries in retail and automated, smart drone inspections of critical infrastructure. This leading technology will facilitate smart city development plus provide enhanced capabilities for emergency services and the Defence community.
The financial backing will allow Altitude Angel to accelerate its plans for the Skyway corridor beyond the planned 165-miles, to thousands of miles of Skyway infrastructure connecting towns and cities as well as transport and package delivery hubs, across the country, which in-turn will allow the UK to unlock the multi-£billion drone economy.
Richard Parker, CEO and founder, Altitude Angel comments,
“With BT Group, Altitude Angel has a partner which shares its ambition to make automated commercial drone operations at scale in the UK a day-to-day reality. Combining our ARROW technology, which allows crewed and uncrewed aircraft to share the same skies, safely and securely, with BT Group’s significant communications infrastructure, we can quickly bring ARROW to the masses. This will provide the UK with the first nationwide drone superhighways, unlocking the potential of this new and innovative technology and revolutionising business operations in countless industries.”
Tom Guy, Managing Director, Etc. – BT Group said,
“At Etc., we support businesses like Altitude Angel, who have game changing ideas that benefit from BT Group’s scale and our agile approach to growth. This partnership is a natural extension to BT Group’s work building the leading network in the UK, supporting the UTM industry that sits adjacent to our core business.”
BT Group will take a seat on Altitude Angel’s board, which will be held by Dave Pankhurst, BT Group’s Director of Drones, to drive the partnership forward and deliver against its goals.
Guy concludes:
“This deal also brings with it a stake in Altitude Angel, arguably the UK’s leading voice in the development of the drone and air-mobility airspace industry. Together we bring unparalleled drone solutions to market, underpinned by digital innovation and our network strength, as we open the skies to solve genuine consumer and business needs.”
* Skies Without Limits v2.0 (pwc.co.uk)
Source: Press Release