Airbus, NEXA to Pursue Widespread UAS Commercialization

Posted by Betsy Lillian on May 08, 2015 No Comments
Categories : Business Operations

Airbus Group Inc. and NEXA Capital Partners LLC have announced an agreement to pursue solutions for the widespread commercialization of unmanned aerial systems (UAS).

The two companies are exploring ways in which a range of industries could better exploit UAS technology to increase efficiency, drive down costs and improve access. While air vehicles and their payloads continue to evolve, the services market to support their widespread use has been slow to catch up, the companies explain.

‘The employment of unmanned aerial systems in the private sector continues to expand at an exponential rate, but limitations of the current airspace infrastructure are a roadblock to more widespread commercial applications,’ says Allan McArtor, chairman and CEO of Airbus Group Inc. ‘Airbus Group wants to take a lead role in shaping UAS integration into the national airspace, and NEXA has the insight to help us grow our business in that direction.’

He adds, ‘Together we have an opportunity to lead the aviation community and the business community through the current bottlenecks and change the way all industries think about unmanned aircraft.’

‘Technical innovation is taking place every day in the UAS market, and business innovation needs to keep pace with that,’ comments Michael J. Dyment, NEXA's founder and managing partner. ‘Airbus Group is at the forefront of airspace management, and we see tremendous opportunity to help them develop their full potential for commercial UAS applications.’

Airbus Group Inc. is the U.S.-based operation of Airbus Group, a global provider of aeronautics, space and related services.

NEXA provides advisory, project finance and investment banking services to companies in the aerospace, infrastructure and transportation sectors. NEXA is the general partner for the NextGen GA Fund LLC and is lead formation partner of the UAS America Fund LLC. In December, law firm Kramer Levin Naftalis & Frankel LLP's UAS practice head Brendan Schulman proposed to the Federal Aviation Administration – on behalf of UAS America Fund – the micro UAS rule.

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