Tuesday, January 25, 2022

Malaysian drone insurance company VStream Revolution is joining DLE to expand its global reach

Kuala Lumpur, Malaysia– VStream Revolution is participating as the lates member to Drone Logistics Ecosystem to collaborate and support existing members in risk-assessment and insurance of their activities/operation in the drone delivery industry. They are one of the front-runners in the drone insurance business in Asia with experience in consulting of drone related projects across ASEAN region. AirGo Design and VStream Revolution are currently discussing potential collaboration on the implementation of a risk assessment program for AirGo’s standardised/smart DroneBox™ cargo delivery containers. VStream was invited by the Ministry of Science, Technology, and Innovation in Malaysia to contribute to the devastating impact of lethal flash flood in Kuala Lumpur and Selangor. They are spearheading the emergency response unit for the flood relief efforts by mobilising our drone team for aerial surveillance and monitoring critical locations for landslides and blocked access to roads and rivers due to blockages, as part of recovery efforts by the authorities.

VSTREAM REVOLUTION SDN BHD, CEO, Mr Saravanan Chettiar, said ““We aim to provide Drone Consultancy and Drone Insurance for Companies that provide Drone Cargo Delivery services. The Drone Cargo Delivery involves EVLOS & BVLOS operations with complex and high-risk operations. Our Consultancy Service includes the preparation of CONOPS, SORA that meets CAAM requirements for EVLOS and BVLOS operation. On Mitigating the risk, the All-Risk Drone Insurance secure the Drone and its Cargo, the Public Liability Insurance secure the operation. We strongly believe, our partnership with AirGo and DLE will add value to create a holistic Drone Delivery Ecosystem”

Drone Logistics Ecosystem™

Drone Logistics Ecosystem (DLE) is a free of charge, global multidisciplinary “quadruple helix” network of Companies, Universities, Public/Government, and Investors to stimulate innovations, collaborations, and standardizations in the drone logistics industry.