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MMBL- Pathfinder Group to introduce commercial drone operations

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The MMBL-Pathfinder Group, a pioneer investor in the private civil aviation sector in Sri Lanka, through its associate, Pathfinder Capital (Pvt.) Ltd., last week announced it was entering the field of commercial drone operations here.

It said in a news release that having examined the vast array of drones in the market, it had chosen Israel based Airobotics Ltd., which has developed an ideal solution for commercial drone applications, to supply the eqipment necessary for the business.

“The variety of services provided by Airobotics includes perimeter security, HSSE monitoring, emergency response, 2D/3D mapping, survey & analytics, asset inspection etc. Drones developed by Airobotics cover a range of business applications, including public safety, construction, real estate, utilities, ports and airports, and industrial facilities, to name a few,” the release said.

“The management of Pathfinder Capital (Pvt) Ltd will seek to go through the application process with the Civil Aviation Authority of Sri Lanka (CAASL) and work closely with local companies interested in utilizing the state-of-the-art drone system offered by Airobotics Ltd.”

The release explained that airobotics infrastructure allows for fully automated data collection through flights beyond the visual line of sight (BVLOS). This ability to fly remotely enables operators in various industries to operate an aircraft with minimal training or background in aviation.

It added that in homeland security, police officers used the system to reduce response time, in industrial facilities to conduct their inspection work along power lines and railway lines for maintenance work, and in agricultural farmland to observe the health of plantations and check on other aspects of commercial properties.

The release further said drones are usually operated by pilots specially trained for the job. However, with the deployment of advanced technology, autonomous flight capability would render drone operators redundant.

“Airobotics became the first company in the world to receive authorization for unmanned commercial drone operations, granted by the Civil Aviation Authority of Israel way back in 2017. Since then, Airobotics has received regulatory approval for additional countries and has been operating in the US, Singapore and Dubai with multiple clients and rapidly expanding their global unmanned operations. Most recently, Airobotics has entered urban areas and has deployed its infrastructure to fly over millions of people in the UAE,” the release said. It continued:

“Most have heard of drones in the context of military aircraft engaging in warfare or small drones deployed by children and adults alike for recreational purposes. However, drones are increasingly being developed, marketed and used for commercial purposes. It is estimated that since 2012 over US$ 1.5 billion has been invested by commercial drone startups. Looking at the new trends in the drone market, it appears that in the future, drones will represent a significant segment of commercial applications due to their efficiency and capability in gathering and analyzing data.

“With the Covid 19 pandemic sweeping across the world, many countries considered the option of using drones to move medical items required for fighting the pandemic. Sri Lanka Civil Aviation Authority also recognized the utility of drones for surveillance and delivery purposes, revised the regulations that controlled licensing and operation of drones, and invited those interested in registering their drones that could help fight against the pandemic.

“The drone market was expected to grow steadily in the consumer, commercial, and military sectors. In a 2016 report, Goldman Sachs estimated that drone technologies would reach a total market size of $100 billion between 2016 and 2020. The commercial business component of this growth forecast was projected to reach $13 billion. Meanwhile, it was estimated that consumer drone shipments would reach $ 29 million in 2021.

“Practical application of drones includes delivering health-related products and consumer items, mainly the last-mile delivery helping to keep transportation costs low. Another application is drones’ ability to inspect hard to reach places within a fraction of the duration taken by visual inspection undertaken manually. Thus, interested parties could deploy drones for aerial analysis of large construction sites and buildings, pipelines, solar panels, electric grids, commercial plantations, and offshore platforms. The ability of drones to gather high-quality images will save time and money for ports, airports etc., and support perimeter surveillance of large commercial projects.”



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AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.

AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.

The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.

“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.

Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,

Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.

The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.

“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”

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