An Argentinian drones business is set to open its UK office in Cornwall after raising £1.55m in its latest funding round.
Robotics firm Uali supplies its AI-powered devices to firms in the oil, gas and sustainable energy sectors to provide data analysis and monitoring of large assets, such as wind turbines or rigs. It counts Shell, Telefonica and YPF among it clients.
The company, which also has an office in Spain, will be based at the Newquay Aerohub, where it will have a drone testing facility. Uali said the move would bring 20 jobs to the area over the next three years.