Category Archives: Business News

USAF Pays $15.6 Million for Anti-Drone Systems

Drone Guard

The US Air Force awarded a $15.6 million contract to ELTA North America Inc., to deliver 21 “counter-unmanned aerial systems,” according to a Feb. 21 Pentagon announcement. The devices, which the announcement also calls “Man Portable Aerial Defense System kits,” will be produced in Israel and delivered to the continental US for training by the end of July. Continue reading

TwitterFacebookGoogle+Email

Verizon Acquires Skyward

Skyward-VZ Building on its strategy to drive innovation and adoption for IoT services in high-growth markets, Verizon announced that it has purchased Skyward, a private company based in Portland, Oregon. Skyward brings drone operations management to the Verizon IoT portfolio, simplifying drone operations and management for organizations of any size. Terms of the transaction have not been disclosed. Continue reading
TwitterFacebookGoogle+Email

IAI to Make UAVs in India

From right to left: Joseph Weiss, president and CEO of IAI, Shaul Shahar, IAI EVP and General Manager of IAI's Military Aircraft Group, Udayant Malhoutra, CEO & Managing Director Dynamatic Technologies Ltd, Eli Alfassi IAI's Executive VP Marketing (Courtesy)

From right to left: Joseph Weiss, president and CEO of IAI, Shaul Shahar, IAI EVP and General Manager of IAI’s Military Aircraft Group, Udayant Malhoutra, CEO & Managing Director Dynamatic Technologies Ltd, Eli Alfassi IAI’s Executive VP Marketing (Courtesy)

Israel Aerospace Industries (IAI) and India’s Dynamatic Technologies Ltd (DTL) said Wednesday they were joining forces to develop unmanned aerial vehicles (UAVs) for the Indian market. Continue reading

TwitterFacebookGoogle+Email