Turkish technology company Pasifik Teknoloji announced a major agreement to sell tens of thousands of its FPV kamikaze drones to an unnamed foreign country, marking its first defense export deal. Continue reading
Category Archives: Business News
Australia Commits $5BN to Counter-Drone Defence
The Australian government announced recently that it will allocate up to AUD7 billion ($5BN) for counter-drone capabilities within the Australian Defence Force over the next decade, with two initial contracts awarded to Australian companies as the first step under a new accelerated procurement mission. Continue reading
SOCOM Plans MQ-9 Drone Mothership
US Special Operations Command (SOCOM) has requested increased funding in its fiscal 2027 budget to transform the MQ-9 Reaper remotely piloted aircraft system into a drone “mothership,” while scaling back its planned fleet of armed reconnaissance and light attack aircraft. Continue reading
US Navy Selects Insitu’s ScanEagle and Integrator UAS to Deliver ISR Services with Advanced AI-Assisted Payloads
Insitu, a Boeing Company, has been selected to provide ISR support services to the United States Navy (USN), United States Marine Corps (USMC) and other United States Government (USG) customers as directed, under a Contractor-Owned, Contractor-Operated (COCO) model. Continue reading
Dutch Startup Intelic Creates Drone Procurement Hub for Europe
Dutch defence-technology startup Intelic has set up a European military drone marketplace that brings together drone manufacturers from nine European countries, in a bid to speed up procurement by allowing militaries to compare various available unmanned systems. Continue reading
Google Drops Out of Pentagon Drone Swarm Contest
Google abruptly dropped out of a $100 million Pentagon prize challenge to create technology for voice-controlled, autonomous drone swarms after it was among the successful submissions, according to people briefed on the matter. Continue reading
KULR Secures Defence Drone Battery Order with Potential Value of $5M for 2026
KULR Technology Group, Inc. , an energy-systems platform company that enables the safe, certifiable deployment of ultra-high-power lithium battery systems for space and defence programs, hyperscale AI data centers, and telecom infrastructure OEMs, announced that it received initial purchase orders totaling nearly $1.0 million from a U.S. defence technology company and manufacturer of unmanned aerial systems specializing in first-person view drones for military use. Continue reading
Sikorsky/Robinson Unmanned Get $15M US Marine Corps Contract for Autonomous Aerial Logistics Program
The United States Marine Corps awarded a $15.5 million contract to Sikorsky, a Lockheed Martin company, for the Medium Aerial Resupply Vehicle – Expeditionary Logistics (MARV-EL) Increment 2 program. Continue reading