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Nigerian drone maker beats Israeli firm to security contract

Summary by Semafor
The NewsNigerian drone startup Terra Industries beat out a rival bid from an Israeli consortium to provide security for two hydropower plants in a $1.2 million contract.Terra Industries, earlier called TerraHaptix, will supply a dozen drones and more than 35 towers for a local security company to boost surveillance of the plants, the company’s 22-year-old chief executive Nathan Nwachuku told Semafor. The plants, the location of which was not sha…

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Semafor broke the news in New York, United States on Wednesday, June 4, 2025.
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