The UK MoD has awarded defence technology company Anduril Industries a £17 million 31-month contract to explore future capabilities. Continue reading
Category Archives: Business News
Russian Company Launches Drone Manufacturing Partnership in Uzbekistan
FlySeeagro, a Russian drone manufacturer, based in Krasnador, announced this week it was investing $80 million in establishing a new production line in cooperation with the Directorate of the Navoi Free Economic Zone in Uzbekistan. Continue reading
EDGE Group Acquires a Majority Stake in Swiss VTOL UAV Company ANAVIA
The UAE’s EDGE Group, a global advanced technology and defence group, has announced the acquisition of a 52% majority shareholding in ANAVIA, a Switzerland-based company that specialises in the design, development, and manufacturing of versatile vertical take-off & landing (VTOL) systems of up to 750 kilograms, and their associated capabilities. 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
FlyGuys Gets $10 Million Series A Funding
FlyGuys, a reality data-capturing technology company based in Louisiana, announces the triumphant closing of its Series A funding round, securing a remarkable investment of $10 million. Continue reading
Northrop Grumman B-21 Begins Taxi Testing
The Northrop Grumman B-21 Raider has begun taxi testing in at Northrop’s facilities at Air Force Plant 42 in Palmdale, California, according to the US Air Force (USAF). Continue reading
WhiteFox Defense Gets $1.25M US Air Force Contract for Handheld Drone Defense
WhiteFox Defense Technologies, an airspace management and counter drone solution provider, announces it has been selected by AFWERX for a SBIR Phase II contract in the amount of $1.25M focused on Scorpion 3, a light-weight, portable drone detection and mitigation solution to address the most pressing challenges in the US Department of the Air Force (DAF). Continue reading
Quantum Systems Secures $ 67M in Series B Funding Round
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Quantum Systems, a European provider of dual-use drone-robotics offering state-of-the-art multi-sensor technology for both government and commercial clients, announced the successful completion of its € 63.6 million Series B funding round. Continue reading |