Aura Network Systems, a Virginia-based company developing a wireless communications network for unpiloted and autonomous aircraft, has raised $75 million in its latest funding round.
To date, Aura has raised about $110 million to build out its wireless network, which consists of 57 sites providing nationwide coverage across all 50 U.S. states, as well as Puerto Rico, Guam, and American Samoa. Last week the company announced it had received a $55 million investment from Fortress Investment Group and another $20 million from two previous investors, Mudrick Capital Management and Tracker Capital Management.
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