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
Category Archives: Business News
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 |
uAvionix Acquires Iris Automation
uAvionix, a supplier of communications, navigation, and surveillance (CNS) solutions for the safe integration of Crewed and Uncrewed Aircraft Systems, has announced its acquisition of Iris Automation, provider of optical Detect and Avoid (DAA) technology. Continue reading
Doodle Labs and UKRSPECSYSTEMS Provide Secure Data Links for Ukraine Defense Forces
Doodle Labs, a provider of advanced wireless communication solutions, has announced its strategic partnership with UKRSPECSYSTEMS, a manufacturer of cutting-edge unmanned aerial vehicles (UAVs). This collaboration aims to address the critical challenges faced by drone manufacturers supplying UAS to the Ukraine defense forces and elevate the operational capabilities of the Mini Shark UAV. Continue reading
Shield AI and Sentient Vision to Offer AI-Enabled Real-Time Situational Awareness
A groundbreaking AI technology collaboration between Shield AI, an American defense technology company building an AI pilot, and Sentient Vision Systems (Sentient), an Australia-based supplier of AI-enabled real-time situational awareness to deliver a next generation wide area motion imagery (WAMI) solution has been given the green light with a LTA (Long Term Agreement) to supply Sentient’s ViDAR solution on the V-BAT VTOL UAS. Continue reading
Huneed Technologies to Supply Flat Panel Array to GA-ASI
During a ceremony at ADEX (Seoul International Aerospace & Defense Exhibition) on Oct. 18, 2023, General Atomics Aeronautical Systems, Inc. signed a Memorandum of Understanding (MOU) with Huneed Technologies for the Korean company to produce a flat panel array for GA-ASI’s Lynx and Eagle-Eye Multi-mode Radar systems. Continue reading