Wolfpack Research, a global financial research & due diligence firm dedicated to protecting investors by ensuring a balance in the financial ecosystem, just published a report revealing why they believe EHang NASDAQ: EH is an elaborate stock promotion, built on largely fabricated revenues based on sham sales contracts with a customer who appears to be more interested in helping inflate the value of its investment in EH i.e., pump EH’s stock price than actually buying its products. Continue reading
Author Archives: The Editor
AeroVironment Completes Acquisition of Arcturus UAV
AeroVironment, Inc. announced that it had completed its acquisition of Arcturus UAV, Inc. a designer and manufacturer of high-performance unmanned aircraft systems (UAS). The approximately $405 million transaction was previously announced in January 2021. Continue reading
Just Eat Delivers Thai Food by Drone In Ireland
MQ-9 Begins Flying Missions from Romania
Capt. Sophie, left, 20th Attack Squadron pilot, and Staff Sgt. Timothy, 20th ATKS sensor operator, fly a sortie via simulator at Whiteman Air Force Base, Mo., Nov. 20, 2020
The 25th Attack Group began flying the first active-duty operated U.S. Air Forces in Europe MQ-9 Reaper sorties in Romania via remote-split operations as of Feb. 1. Continue reading
Russia Presents Integrated C-UAS System at IDEX 2021
On February 22, 2021, at the IDEX 2021 International Defense Exhibition in Abu Dhabi, Rosoboronexport (part of Rostec State Corporation) held a public presentation “New Approaches to Building an Integrated Counter UAV System” at its stand in Hall 12. Continue reading
ZALA AERO GROUP Launches ZALA VTOL UAS at IDEX 2021
ZALA AERO GROUP unveiled a new hybrid unmanned system ZALA VTOL at the IDEX 2021 International Defense Industry Exhibition and Conference, which opened on February 21st in Abu Dhabi. Continue reading
GA-ASI Gets $11M US Navy Reaper Support Contract
General Atomics, Aeronautical Systems Inc., Poway, California, is awarded an $11,155,719 firm-fixed-price modification (P00012) to previously awarded contract N00019-18-C-1063. Continue reading
Taiwan’s Ten Yung Crashes on Test Flight
A locally developed UAV on Thursday evening crashed at a forest park in eastern Taiwan. No injuries have been reported. The drone reportedly destroyed several trees and broke into pieces. Continue reading