News

Drones Set To Make UAE Deliveries Faster And Cheaper

Aramex and Dronamics hope to conduct pilot flights in 2024, collaborating with regulators and facilitators to create a cutting-edge logistics network.

Published

8 months ago

November 21, 2023

Nour Nasir

drones set to make uae deliveries faster and cheaper

Dronamics

As the United Arab Emirates embraces widespread logistics and transport innovation, Emirati residents may soon receive courier packages via drones.

The introduction of these cutting-edge services comes from Dronamics, the world’s first cargo drone airline, with fleet management capabilities provided by partner firm Aramex.

Dubai authorities have already showcased drone deliveries for a wide range of goods within the government-owned Silicon Oasis free zone under the watchful eye of the Civil Aviation Authority.

Now, more widespread consumer drone deliveries are being planned, with trials to start as early as 2024. The autonomous craft will be equipped with cutting-edge connectivity and navigation systems, as well as parachutes and collision-avoidance technology.

aramex and dronamics partnership

Alaa Saoudi, Aramex Chief Operating Officer, said, “The cargo hold should be able to give us 3.5 cubic meters of space, which would be good for quick turn-around operations within our express middle mile operations. But it can be utilized for customers with larger consignments in the last mile as well”.

The drones will enable same-day and long-range deliveries, offering up to 80% faster deliveries at half the cost. Meanwhile, carbon dioxide emissions for drone freight are said to be 60% less than those of traditional transport vehicles.

Also Read: Startup Helps Visitors Explore Dubai Baggage-Free

“We’re excited to collaborate with Aramex, integrating our cargo drone technology to bring the transformative benefits of rapid, cost-effective, and sustainable same-day delivery to the global stage,” said Svilen Rangelov, Co-Founder and CEO of Dronamics.

Dronamics’ remotely-piloted machine is known as Black Swan. The drone requires just 400 meters to land and take off, making it a viable solution for remote deliveries where traditional airports are either missing or underdeveloped.

If the Aramex and Dronamics collaboration proves successful, further joint deployments will be possible, with the two tech firms eying up key markets, including Saudi Arabia, South Africa, and Australia.

Related Topics:Aramex Drones United Arab Emirates

Up Next

GSMA M360 Connectivity Event Returns To Riyadh

Don't Miss

Anghami & OSN+ Announce Landmark Investment Deal

Click to comment

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

2 days ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.