Nanoveu Secures Exclusive Drone Swarm IP License, Boosts Endurance in Trials
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Nanoveu has secured exclusive evaluation rights for four drone swarm technologies from NTU Singapore, aiming to integrate them with its ECS-DoT technology for enhanced autonomous drone capabilities. Live trials showed significant endurance improvements in quadcopters (60%), hexacopters (58%), and octocopters (57%). The initial evaluation license costs SGD 50,000, with an option for an exclusive worldwide license for an additional SGD 85,000. This acquisition positions Nanoveu in a growing market projected to exceed US$35 billion by 2030, aligning with its AIoT roadmap and recent milestones.
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