Suter is launching its new HF-TOA288-SDI heavy fuel engine at this years’ xPonential 2024 in San Diego, CA. This new 22.5hp unmanned aerial vehicle (UAV) engine meets the growing demand for engines utilizing jet fuel (Jet-A1, JP5, JP8) to meet safety and logistics goals of global customers. Continue reading
Category Archives: Business News
Arcline Completes Acquisition of Kaman
Kaman Corporation has announced the completion of its acquisition by Arcline Investment Management, L.P. in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Continue reading
Red Cat and Sentien Robotics Partner for UAS Hive Land, Air and Sea Drone Swarming Operations
Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, has announced a partnership with Sentien Robotics, a leader in autonomous drone fleet logistics. Continue reading
US Navy Buys EAGLS Defense Systems
The US Navy has urgently ordered the EAGLS (Electrically Aided Gunnery Laser System) Counter-Unmanned Aerial Systems (C-UAS) that use laser-guided 70mm rockets to protect American forces in the Middle East. Continue reading
AeroVironment Teams with Parry Labs to Develop Modular Next-Gen Long Range Reconnaissance UAS
AeroVironment (AV) has entered into an exclusive teaming agreement with Parry Labs, a leader in Modular Open Systems Approach (MOSA), to architect, develop, deliver and integrate digital engineering, software, and mission system hardware into AV’s upcoming P550 uncrewed aircraft system (UAS), purpose built for the U.S. Army’s Long Range Reconnaissance (LRR) program. Continue reading
Skyports Raises in Excess of $110M in Series C Funding
Skyports, a global player in owning and operating vertiport infrastructure and flying electric drones, announced that ACS Group, one of the world’s foremost infrastructure and construction companies, has made a substantial equity investment in Skyports, to become the largest investor in the company. Continue reading
Embention Partners with Amazon Prime Air
Embention has signed a strategic agreement with Amazon.com, Inc. to support Amazon’s drone delivery program, Prime Air. Continue reading
HyLight Raises $4M for Hydrogen-Powered Airship Drones
HyLight, an innovative provider of aerial inspection utilising hydrogen airship drones, has achieved a significant milestone with the completion of a fundraising round, securing €3.7 million ($4 million). Continue reading