NIGERIAN DRONE STARTUP TERRA LANDS $34M, EXPANDS TO GHANA

Terrahaptix Inc., operating as Terra Industries, will manufacture mid-range unmanned aircraft at its new Ghanaian facility. The funding round represents significant backing for the West African drone sector, which has seen growing interest from venture investors. The expansion into Ghana marks Terra's first manufacturing footprint outside Nigeria. The move signals confidence in the company's ability to scale production and serve broader African markets. Joe Lonsdale, co-founder of Palantir Technologies, and Lux Capital joined the funding round alongside other backers. The $34M injection provides capital for factory setup, equipment, and operational scaling. Drone manufacturing in Africa remains nascent, with most production concentrated outside the continent. Terra's expansion reflects the continent's emerging capabilities in aerospace technology and hardware manufacturing.