Tencent is also investing in FJ Dynamics

  • Reading Time:2Minutes

Tencent has also joined DJI-backed agro-technology startup FJ Dynamics. One of China’s largest technology companies, along with other investors, has made hundreds of millions of yuan available to FJ Dynamics.

Back in 2018, Tencent Holdings Limited, one of China’s largest technology companies, promised to put more emphasis on business as the country’s traditional industries increasingly leverage technology to increase productivity. Tencent’s industrial projects range from analyzing health recordings with artificial intelligence to building customer management tools for retailers on the WeChat messenger service.

The latest news is that Tencent has invested in a Chinese startup called FJ Dynamics, which has sold agricultural automation solutions such as intelligent tractors and rice transplants and unmanned vehicles in ports and factories to customers around the world. The exact amount of support is unknown, but Tencent announced this week that it had raised hundreds of millions of yuan for FJ Dynamics along with several investors who did not want to name itself.

Founded in 2017, FJ Dynamics is affiliated with a number of big-name companies in China. According to the registration submissions, the shareholders of FJ Dynamics include the large wire manufacturer DJI and the Chinese state-owned car manufacturer Dongfeng Asset Management. According to some assumptions, the letter combination FJ is already revealing in the name of the startup, which means the syllable “Feng” in the name Dongfeng and the word “Jiang” in the name DJI. This theory is reinforced by the fact that the company’s founder and CEO, Wu Ti, was previously one of DJI’s leading scientists.

In addition, the DJI has recently stepped up its own efforts to develop agricultural drones. FJ Dynamics, registered in China, admits that it has research and development centers in China, Sweden and the Netherlands.

Recent article

EVTOL & VTOL News & Articles

The flying ambulance arrives at lightning speed

EVTOL & VTOL News & Articles

The electric car revolution could continue in the air

EVTOL & VTOL News & Articles

Unmanned aerial taxis flew in a unique formation

Electric airplane News & Articles

NASA’s Innovations: Soaring into an Electrified Flight Future

EVTOL & VTOL News & Articles

Could eVTOLs and Air Taxis Replace Public Transport ?

Additional aircraft News & Articles

The Morphobot: An Innovation in Multimodal Robotics

News & Articles Points of interest

The Dawn of AI Air Travel: Airbus and its Vision for Autonomy

Air taxi News & Articles

Volocopter’s High-Flying Ambitions for the Olympics

News & Articles Propulsion-Fuel

The Horizon of Aviation: Airbus’ Vision for 2035 and Beyond

EVTOL & VTOL News & Articles

A Shift in Aviation Licensing and Training

Drones News & Articles

Russia’s Path to Drone Supremacy

Air taxi News & Articles

Israel’s Pioneering Venture into Drone Transport

Air taxi News & Articles

More efficient air taxis in the future

Air taxi News & Articles

Testing of perhaps the most promising air taxi begins

Additional aircraft News & Articles

Navigating the Future: Autonomous Helicopters Soar High

EVTOL & VTOL News & Articles

Embracing the Future: Seoul’s Leap into Urban Air Mobility
More articles you may be interested in...

Air taxi News & Articles

The Coming Electric Air Taxi Revolution: Competing with Train Tickets ?

The Dutch company, Electron Aviation, is making a bold promise that is set to disrupt.......... READ MORE

News & Articles Propulsion-Fuel

Unveiling the Whisper of Innovation: CycloTech’s Exploration into CycloRotor Noise Levels

In the fast-paced realm of aeronautical engineering, the introduction of CycloRotors has heralded a paradigm.......... READ MORE

Points of interest

Sailing the Skies in Style: Airbus’s Novel Vision for Air Travel

Navigating the dawn of a fresh chapter in aviation, Airbus recently shared its audacious plans.......... READ MORE

Drones News & Articles

Boosting Agriculture: A Drone Revolution Awaits in Budapest

The stage is set in Hungary, as it stands on the brink of an exciting.......... READ MORE

News & Articles Propulsion-Fuel

Embracing the Future with Rolls-Royce’s Revolutionary UltraFan Engine

Just when you thought the apex of innovation had been reached, Rolls-Royce challenges the notion.......... READ MORE

Air taxi News & Articles

Testing of perhaps the most promising air taxi begins

For some of us, the very idea of an air taxi evokes scenes straight out.......... READ MORE

Additional aircraft News & Articles

Navigating the Future: Autonomous Helicopters Soar High

Unmanned helicopters are no longer a concept in some futuristic Sci-Fi novel. They're here, revolutionizing.......... READ MORE

EVTOL & VTOL News & Articles

Embracing the Future: Seoul’s Leap into Urban Air Mobility

In an audacious move to revolutionize its transport system, Seoul - the bustling South Korean.......... READ MORE