Dronamics appoints chief financial officer
23 / 03 / 2022
By Rebecca Jeffrey
Dronamics has appointed Paul Morton as chief financial officer and a member of the executive team.
The appointment comes as the London and Sofia-based cargo drone development company prepares for the first commercial flights of its flagship Black Swan aircraft, gearing towards operating its first commercial routes, and a Series A funding round to launch later this year.
UK-based Morton brings two decades of financial and commercial expertise, having previously held senior roles at DAZN, Perform and Deloitte.
Morton will report to chief executive officer and co-founder Svilen Rangelov, who said: “2022 will be a key year for growth, as we mark our first commercial flights with the Black Swan – our proprietary drone powered by clean and energy efficient technologies. As a fast-growing technology company on the path to net-zero that is looking to change the status quo in the cargo mobility sector, Paul’s valuable experience and knowledge will be vital as we prepare for our next round.”
Earlier this month Dronamics said it is expanding its drone delivery network in Europe with Mannheim City Airport in Germany and UAS Denmark Test Centre, hosted at Odense’s Hans Christian Andersen Airport in Denmark.