EU Supercharges Cargo Drone Future with €30M Bet on Dronamics

The European Innovation Council (EIC) has approved an equity investment of up to €30 million in Dronamics under its new Strategic Technologies for Europe Platform (STEP), matching the maximum fund allowed per project.

This marks a significant follow-up to earlier EIC funding rounds, including a €2.5 million grant in 2022 and a €10 million equity investment in early 2024, reinforcing Europe’s drive toward technological autonomy and deep‑tech scale‑ups.

Dronamics—Europe’s first licensed cargo drone airline—is developing the “Black Swan” drone, capable of carrying 350 kg over 2,500 km with lower cost and emissions than traditional freight, aiming to strengthen EU logistics resilience

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