Charis UAS Announces Investment from World-Renowned Drone Company XM2 Earth to Accelerate Expansion in Africa
Charis UAS Announces Investment from World-Renowned Drone Company XM2 Earth to Accelerate Expansion in Africa
Kigali, Rwanda - Charis UAS, Rwanda’s leading drone company, announced today that it has received a major investment from XM2 EARTH, a leading global provider of drone solutions. The investment will be used to accelerate the expansion of its drone manufacturing and solutions across the African continent.
With the support of XM2 EARTH Charis UAS will broaden its market reach and further cement its position as a leader in drone services in Africa and internationally. Eric Rutayisire Muziga, Founder and CEO of Charis UAS, welcomed the news, stating, “We are thrilled to work with a cutting-edge company such as XM2 EARTH. As a result of this investment, we plan to rapidly expand across the continent and build upon our current drone-based technological solutions and manufacturing services.”
Founded in 2014, Charis UAS became Rwanda’s first-ever licensed UAV company and obtained a distinct first-mover advantage within the rapidly developing drone industry in Africa. Through its advanced data analytics, the startup has supported multiple governments and private organizations in optimizing their business operations as well as creating a powerful social impact within their communities such as using drones to fight against malaria and advance local energy programs. With the launch of its first ever made-in-Rwanda drone in February 2020, Charis UAS has continued to break ground by positioning itself as Africa’s first commercial drone manufacturer.
Seeing Charis UAS’s strong track record within Africa, Aidan Kelly, Director of XM2 GROUP commented, “Whether its designing solutions, integrating workflows, utilizing automation or delivering data in meaningful ways, our investment into Charis UAS is part of our plan to partner with leaders in their field around the world, to unlock the true potential that aerial and remotely sensed data can provide. XM2 is proud to be partnered with Charis and excited by the opportunities ahead”
“Africa is rapidly adopting new technologies and open to new innovations,” said Charis UAS’s Eric Rutayisire Muziga, “Having the investment, support, and expertise of XM2 EARTH will help us execute our vision to support intelligent decision making and scale up the manufacturing of drones on the African continent. This will also create thousands of high skilled jobs for the youth on our beloved continent.”