Oman-based AirGo raised $2.7 million from the Saudi VC Company, Forming Futures. AirGo serves as an Unmanned Traffic Management (UTM) System platform-as-a-service provider, allowing businesses and government entities to avoid the operational risk, regulatory challenges, and capital expenses associated with drone operations.
AirGo specialises in enabling low-altitude drone operations and advising clients on obtaining the permits required to manage their drone operations legally and safely. AirGo has signed an agreement with the Civil Aviation Authority of the Sultanate of Oman to conduct live testing of an Unmanned Traffic Management System. The startup intends to establish and expand in the Saudi market with the new investment.