California heavy-lift drone specialist Parallel Flight Technologies (PFT) is moving to accelerate the growth of its business activities around the world through a pair of developments, including a purchase agreement for 50 of its flagship Firefly craft with Indian company UAV Systems Private Limited.

PFT’s deal with the Indian drone and robotics solution provider calls for the delivery of 50 heavy-lift Firefly UAVs, as well as ongoing maintenance, repair, and overhaul servicing of the vehicles. The value of the transaction was not revealed, but a communiqué from the Santa Cruz, California-area company termed it a “multimillion dollar” transaction.

In an era where even smaller-scale aerial craft purchases are often first framed in potentially fudgeable memoranda of understanding terms, the PFT accord with UAV Systems Private is notable in including up-front deposit payments for the 50 Firefly heavy-lift drones. Delivery of those is…

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Source: dronedj.com