AeroVironment, Inc. has been awarded a landmark contract valued at $464.8 million by the U.S. Army Portfolio Acquisition Executive for Fires (PAE Fires) program office for the Enduring-High Energy Laser (E-HEL) program.
Category Archives: Business News
Griffon Aerospace Gets $133M US Army Contract for Outlaw Systems
Griffon Aerospace Inc. was awarded a $132,978,776 firm-fixed-price, indefinite-delivery/indefinite-quantity contract to provide Griffon Outlaw systems, support equipment and field service representatives, according to a Department of War contract announcement. Continue reading
Terra Drone’s Terra B1 Interceptor Drone Passes Japan Procurement Test
Terra Drone Corporation has announced that its Japan-made interceptor drone “Terra B1,” proposed under the “Interceptor Drone Early Acquisition Program” conducted by Japan’s Acquisition, Technology & Logistics Agency (ATLA), has passed the demonstration test and advanced to the next stage toward mass production. Continue reading
TEKEVER Acquires Flowcopter for Breakthrough Propulsion Technology
TEKEVER, a European provider of AI-driven autonomous systems, has announced the acquisition of Flowcopter, the Edinburgh-based engineering company behind an innovative hydraulic transmission technology for aerospace propulsion which enables unmanned aerial systems (UAS) to carry heavier payloads over greater distances than conventional platforms. Continue reading
Taiwan to Acquire More than 2,000 Altius Drones from Anduril
Taiwan has signed an NT$26.9 billion (US$ 847 million) contract to acquire more than 2,000 US-made attack and reconnaissance drones as it expands its asymmetric capabilities.
Mara Raises $7M for Automated Drone Swarm Killer System
Mara was founded to neutralize the threat from FPV drone attacks. On August 26, the company announced a $7 million funding round to bring Spike, its integrated counter-UAS platform, from field testing to broad combat deployment. The round was led by Khosla Ventures, with participation from a16z Speedrun, Night Capital, Palmdrive, Protagonist, Freedom Fund and Indicator Fund, alongside angel investors. Continue reading
Quantum Systems Opens New Engineering & R&D Office in Huntsville, Alabama
Quantum-Systems Inc. has announced the opening of a new 3,200-square-foot engineering and research and development office in Huntsville, Alabama. Located in Upland Park adjacent to Cummings Research Park — the second largest research park in the United States — the new office strengthens the company’s proximity to key defense customers while expanding its U.S. engineering capabilities. Continue reading
GA-ASI and Fujitsu Sign MOU for the Maintenance and Operation of UAS in Japan
General Atomics Aeronautical Systems, Inc. (GA-ASI) and Fujitsu Limited (Fujitsu) have announced that they have signed a Memorandum of Understanding (MOU) regarding the establishment of maintenance and operational support capabilities for Unmanned Aircraft Systems (UAS) in Japan as well as their commitment to future technical collaboration. Continue reading