securing $5 mln of VC funding; design and manufacturing of SKYF cargo drones;successful aerodynamic tests; fully autonomous flights Q4 2017.

SKYFchain project spin-off from the SKYF project; research intothe most suitable technology and development of a private blockchainnetwork; Development of logic and data ofthe SKYFchain OPin tight cooperation with all cargo robotics market stakeholders (hardware producers, operators/clients, authorities, banks/leasing companies); creation of the international legal structure; sale of the first assembled SKYF drones and expansion of the partner networkin the regions without strict regulationsondrone flights (CIS, Asia, and Africa).

dissemination of theprivate block chainnetwork nodes among market participants; launch of the with a franchise of a drone logistics operator and a license for third-party drone producers.

rapid growth inSKYF drone sales, as a consequence of expansion of the franchise of a drone logistics operator and growth of number of licensed drone producers around the world; start of educational campaign and workshops for producers of other types of drones.

inclusion of third-party airborne drones into the SKYFchain; lobbying for new regulations in developed marketsthrough industry associations and round-tables.

inclusion of ground and sea-bornecargo robotsinto the system.