Maris-Tech confirms customers signing up for Jupiter Drones codec and AI-powered system
Launched at AUSA in October, the company’s multi-stream video codec is attempting to bring a new lease of life to drone technology through its AI accelerator.
Gilo seeking Chinese JV
The recent investment of $30 million into UK-based Gilo Industries by Chinese technology group Kuang-Chi represent the first of its kind by the company, following the launch of its international funding programme last year.
According to a press release issued at the time, Kuang-Chi, based in Shenzhen, expects the fund to grow to more than $300 million within the next three years and will have a large focus on the UK and its emerging unmanned system designers and manufacturers.
Israeli, Norwegian and Canadian companies also received funding from Kuang Chi as part of an initial first tranche of $50 million
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