The Armenian branch of Instigate Robotics (US) has received permission today to operate at the Alliance Free Economic Zone in Yerevan, managed by Sitronix Armenia, News.am reports.
The US company plans to assemble the Educotper and Photocopter drones. They will be exported to North America, EU, spot-Soviet states, Middle East. Exports will total $1.9 million in the next 3 years.
The company is negotiating investments to automatize drone control. The company will spend $300,000-500,000 to organize production and foreign partners will spend additional $396,000. Staff of the company’s training center and the ACS System Department of the State Engineering University of Armenia will be mobilized for the project.
