Palantir Co-Founder Invests in Nigeria Based Drone Maker Terrahaptix
Terrahaptix raised $11.8 million in funding to scale drone production. The startup focuses on sovereign defense technology designed and manufactured in Africa.
Are African innovators doomed to sell airtime?
LemFi announced the launch of multicurrency accounts for users in Nigeria. The startup aims to support freelancers and digital entrepreneurs needing to receive international payments.
Nigerian Startup Terrahaptix Wins $1.2M AI Drone Security Contract for Hydroelectric Plants
Terrahaptix has secured a $1.2 million security contract, beating an Israeli competitor. The contract is awarded by Nethawk Solutions for deploying AI-powered drones and sentry towers.
Hardware startups in Nigeria have started making money, but there’s a catch
The Nigerian hardware startup Humane failed to progress beyond the concept stage despite winning competitions. NEV Electric reported $14 million in revenue over 14 months and aims to reach $50 million in the next 15 months.
Nigerian drone company Terrahaptix records $2m revenue in its first year as it begins South Africa exportation
Terrahaptix signs contract with DiggingDeep for drone distribution in South Africa. Drones will be used for surveying, mapping, and monitoring hazardous areas in mining.
