- Airbus, Europe’s largest aeronautics and space company, inked a deal with Landing Zones worth an undisclosed amount, allowing for a massive expansion at the southern Alberta firm.
- The company’s main product, a drone called the Eagle, travels up to 1.3 times the speed of sound, according to Fraser.
- The deal with Airbus comes several months after Landing Zones received an undisclosed sum from the Business Development Bank of Canada’s defence-focused StrongNorth Fund.
Landing Zones has entered a strategic partnership with Airbus, Europe's leading aeronautics company, to advance its supersonic drone, the Eagle, which operates at 1.3 times the speed of sound. The agreement, signed by CEO Spencer Fraser and Airbus Defence and Space head Jean-Brice Dumont, is expected to facilitate significant expansion for the Alberta-based firm.12
Fraser noted that while specific details of the deal remain confidential for security reasons, the collaboration aims to foster closer relationships with Airbus's extensive customer base. He stated, “We hope this partnership will lead to closer connections with some of the aerospace giant’s customers.”
The deal follows a recent investment from the Business Development Bank of Canada’s defence-focused StrongNorth Fund, further solidifying Landing Zones' position in the aerospace sector. Kevin Wong, chair of the Alberta Aviation Aerospace and Defence Council, expressed enthusiasm about the partnership, stating they are “delighted” that Landing Zones secured this deal with Airbus.3
Additionally, Fraser mentioned that the Eagle could be utilized for testing weapons systems aboard destroyers for the Royal Canadian Navy, indicating the drone's potential military applications. This partnership marks a significant milestone for Landing Zones, which has not seen such investment in the province for decades.
“The deal with Airbus is expected to facilitate significant expansion for Landing Zones, as CEO Spencer Fraser anticipates closer ties with Airbus's customers. Additionally, the Eagle drone may be tested with weapons systems aboard destroyers for the Royal Canadian Navy, enhancing its military applications.”
