YEREVAN. – Instigate Robotics launches production of unmanned aerial vehicles in a free economic zone in Yerevan.
The company was provided permission to work in Alliance free economic zone managed by Sitronics Armenia during the government’s meeting on Thursday.
The company has already mastered the technology of production of two models of drones: training and aerial photography (Educotper, Photocopter). As reported earlier, Instigate Robotics cooperates with one of the Danish companies.
Drones will be exported to North America, EU, former Soviet states and the Middle East. The volume of exports in the next three years will reach $ 1.9 million
In addition, the company is holding talks to attract investment for the design of automated flight control systems for drones. The company plans to raise $300 – 500,000 from foreign partners and $396,000 of its own resources. It is planned to create 15- 25 jobs with an average salary of 500–600,000 drams.