PteroDynamics Inc. and Overwatch Group have signed a distribution agreement and established a long-term strategic relationship. This collaboration aims to introduce the innovative dual-use autonomous Transwing (VTOL) aircraft outside the United States. Under the agreement, Overwatch will exclusively represent PteroDynamics’ Transwing® unmanned aerial systems (UAS) in the United Kingdom (UK) for non-commercial sales. Additionally, Overwatch will handle prospective commercial and defense sales in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). Moreover, Overwatch has made a strategic investment in PteroDynamics to further solidify their partnership.
Overwatch, as the inaugural distributor of this technology, aims to promote the adoption of the Transwing aircraft platform globally, beginning with the UK, UAE, and KSA. Overwatch leverages its engineering expertise in unmanned systems and payloads to address the needs of potential customers in these regions. This strategic approach aims to effectively cater to market demands and enhance operational capabilities.