Nathan Nwachuku, co-founder of TerraHaptix, has announced via social media network X (formerly Twitter) that the company is about to launch a dealer program for its drones. Nwachuku predicted that in the near future, drone sales could surpass those of cars in terms of profitability.
TerraHaptix, a leading company in the production of unmanned vehicles, both ground and air, and surveillance towers, has seen significant growth in recent years. The company recently announced an increase in production of its ground drones to 1,000 units annually, indicating strong demand for its products.
This announcement comes after TerraHaptix secured a $500,000 contract with Ghanaian company GEMsolutions for the supply of 70 Archer VTOL drones. This deal underscores the growing importance of drones in a variety of sectors, from agriculture to security.
What does this announcement mean for TerraHaptix?
The launch of a dealership program suggests that TerraHaptix is looking to expand its reach and presence in the African market. By allowing others to sell its products, the company can accelerate its growth and reach new customers.
By expanding its dealer program, TerraHaptix could help democratize access to drone technology on the continent and spur innovation in the field.