an independent online news service for the Unmanned Aircraft Systems world
Shield has announced that it has entered into a definitive agreement to acquire Echodyne Corp., an industry-leading radar company, in a transaction valued at $5.3 billion. Echodyne radars are built into hundreds of counter-drone and security systems used by defence, government and commercial customers in more than 40 countries. Both companies expect triple-digit revenue growth this fiscal year. Continue reading
Zipline has announced a $1.5 billion raise at a $21.5 billion post-money valuation, led by Paradigm, WCM Investment Management, and Layer Global with participation from Valor Equity Partners, Fidelity Management & Research Company, Uber, Tiger Global, J.P. Morgan, ARK Invest, and Salesforce Ventures. Continue reading
The Department of War’s Office of Strategic Capital (OSC) has announced a conditional loan commitment of up to $450 million to Neros, Inc., a U.S.-based developer and manufacturer of dual-use small unmanned aircraft systems (sUAS).
Radar detects a bird in flight and audio sensors hear an innocuous flapping noise. Is it a bird? Is it a drone? Seconds tic by. Is it too late?
One year ago, Shield AI shared its design and vision for X-BAT, the world’s first autonomous vertical take off and launch (VTOL) strike fighter. The first-full scale X-BAT prototype is complete and on its way from the development facility in Frisco, Texas, to our flight test facility in Newton, Kansas. Continue reading
Blue Magic Ventures by General Atomics Aeronautical Systems, Inc. returns on November 17 for the next Blue Magic Netherlands (BMNL) Dual-Use Innovation & Investment Conference in Eindhoven.
Ukrainian company Militech Group has developed the “Grim” LTE modem, which will help control drones in conditions of Starlink restrictions. Continue reading
A drone show featuring 2,000 drones lit up the night sky over Zhuhai in China’s Guangdong Province on Sunday, ahead of the 77th anniversary of the Chinese People’s Liberation Army (PLA) Air Force on November 11. Continue reading