T-Mobile US, Inc. :
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230925988466/en/T-Mobile Ventures is launching a second investment.
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News Wire Feed Light Reading 12/14/2020
BELLEVUE, Wash. T-Mobile (NASDAQ: TMUS) and The Drone Racing League (DRL), the global, professional drone racing property, announced a broad-reaching partnership to advance 5G-powered drone technology. As part of the multi-year deal, T-Mobile has made an investment in DRL via the company s T-Mobile Ventures fund, and the Un-carrier has signed on as the league s exclusive U.S. 5G Wireless partner. Together, T-Mobile and DRL will innovate 5G racing drone technology to create the first integrated 5G racing drones, with the aim of authentically building them into the sport. DRL will develop first-of-its-kind, custom racing drones powered by T-Mobile 5G during the 2021 DRL Allianz World Championship Season.