Terra Drone Corporation , a leading drone and Urban Air Mobility (UAM) technology company headquartered in Japan, has signed a Memorandum of Understanding (MOU) with Switzerland Innovation Park Zurich (”Innovation Park Zurich”), a leading research and development (R&D) hub for academia and industry collaboration in Switzerland. This marks the first MOU signed by a drone-related company outside of Switzerland. This agreement will enable Terra Drone to collaborate with universities and startups within the Innovation Park Zurich’s extensive network, fostering the development of cutting-edge drone technologies.
Switzerland is a global leader in innovation, ranking first in the Global Innovation Index for 13 consecutive years. Many cutting-edge startups have emerged from ETH Zurich and EPFL Lausanne, and the area between these two universities, known as “Drone Valley,” is home to approximately 80 drone-related startups.
Innovation Park Zurich provides state-of-the-art research facilities, offices, and co-working spaces. It supports collaboration between private companies and research institutions to develop innovative technologies and products. It also facilitates partnerships between academia, industry, and government, encouraging joint projects and supporting spin-off companies, particularly in fields like robotics and mobility.
Terra Drone, as part of its business strategy, partners with universities and other startups in its business domains to swiftly conduct research, development, industrialization, and global expansion on a small scale. Leveraging its global operations, Terra Drone has built an ecosystem that accelerates technology cooperation within the group and regional expansion through synergistic effects.
For Innovation Park Zurich, this marks the first MOU signed by a drone-related company outside of Switzerland. By signing this MOU with a leading R&D hub in Switzerland, Terra Drone aims to swiftly collaborate with universities and startups at the forefront of drone technology R&D, potentially leading to the creation of new industries.
Furthermore, Terra Drone is considering establishing a development base in Switzerland in the future, further contributing to the global advancement of the drone industry through these activities.
