Kaman Corp. announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P., a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Continue reading
Category Archives: VTOL
Airbus Helicopters to Expand UAS Portfolio with Acquisition of Aerovel
Airbus Helicopters and Aerovel have signed an agreement regarding the acquisition of Aerovel and its unmanned aerial system (UAS), Flexrotor, as part of a strategy to strengthen its portfolio of tactical unmanned solutions. Flexrotor is a small tactical unmanned aerial system designed for intelligence, surveillance, target acquisition and reconnaissance (ISTAR) missions at sea and over land. Continue reading
Nordic Unmanned to Sell CAMCOPTER Assets Back to Schiebel in a Non-Cash Transaction
Nordic Unmanned’s Flight Services business has come to an agreement with Schiebel Aircraft GmbH to settle outstanding payables in a non-cash transaction where Schiebel buys back one CAMCOPTER asset (Air Vehicle plus spare-parts). Continue reading
Rotor Unveils R550X Uncrewed Helicopter and Begins Production
Rotor Technologies, Inc., a developer of autonomous vertical takeoff and landing (VTOL) aircraft, unveils the R550X, the largest uncrewed civilian helicopter on the market, and begins production.
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Piasecki Gets $37M USAF Award for Next-Gen VTOLs and Hydrogen Propulsion Technologies
Piasecki Aircraft Corporation, a global supplier of rotorcraft and aerial vehicles, announced that it has been awarded a $37 million multi-year contract by AFWERX, the Air Force’s innovation arm in conjunction with the Air Force Research Laboratory (AFRL), as part of its Strategic Funding Increase (STRATFI) program. Continue reading
Rotor Technologies Performs First Uncrewed Autonomous Helicopter Test Campaign
Rotor Technologies, Inc. (Rotor), a developer of autonomous vertical takeoff and landing (VTOL) aircraft, has completed the first autonomous helicopter flight campaign of a full-scale civilian helicopter. Continue reading
European Medical Drone to Purchase 11 Uncrewed Tilt-Wing Aircraft from Dufour Aerospace
European Medical Drone, the Swedish drone operator focusing on connecting hospitals by means of drone transportation, and Dufour Aerospace, the Swiss eVTOL innovator have signed a development cooperation and purchase agreement for 11 Aero2 uncrewed tilt-wing aircraft. Continue reading
US Air Force Selects Anduril’s Ghost and Ghost-X to Enhance Autonomy Capabilities
Defense technology company Anduril Industries announced that it was awarded two contracts with the U.S. Air Force for $8M to work on enhanced autonomy capabilities with Anduril’s dual-use Ghost platform and its newest variant, Ghost-X. Continue reading