* **NIPPON EXPRESS HOLDINGS, INC.
The acquisition marks a significant step forward in NIPPON EXPRESS HOLDINGS, INC.’s strategy to leverage technology and innovation to enhance its logistics operations. This move aligns with the company’s commitment to sustainable and efficient transportation solutions. Spiral Inc.’s technology is based on a unique approach to indoor drone navigation, utilizing a combination of computer vision and machine learning.
Investment background and objectives The NX Group is striving to enhance corporate value and solve social issues to realize its long-term vision of becoming a “logistics company with a strong presence in the global market.” Through this investment, the NX Group companies will be teaming up with cargo-partner, a Vienna-based company that became a Group subsidiary in January 2024, to support Spiral’s overseas expansion by, for example, transporting and delivering drone-related equipment and storing it locally, and to promote the use of drones at logistics sites. The Group will also increase its touchpoints with Europe’s construction and construction equipment industries through Spiral, develop new logistics solutions, and uncover new needs.
is a startup company that develops and sells innovative products and services for the environment. is a Japanese company that focuses on the development of sustainable solutions for the social and environmental challenges facing Japan. Spiral Inc.s mission is to create a circular economy in Japan by promoting the reuse and recycling of materials.
*2: A system that enables autonomous drone flight by using markers indoors or in other environments where radio waves cannot reach; Spiral has patented the control unit and markers. About the NX Group: https://kyodonewsprwire.jp/attach/202408225244-O1-tj60e1y4.pdf NX Group official website: https://www.nipponexpress.com/ NX Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/ View original content:https://www.prnewswire.co.uk/news-releases/nx-group-invests-in-japanese-autonomous-indoor-drone-flight-control-system-developer-spiral-302237394.html
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