DroneShield Ltd has announce that it has received a record $33 million order from a U.S. Government agency. The award consists of DroneShield equipment and multi-year services. Continue reading
Category Archives: Business News
Volz Servos and Thales to Develop First Ever EASA Certified UAS
As part of the development of the first EASA-certified UAS, German actuator manufacturer Volz Servos GmbH & Co. KG is to supply the certifiable actuators that will equip Thales’s UAS100 long-range drone. Continue reading
Norway Contributes 1,000 New Black Hornet Nanodrones to Ukraine
The Norwegian Ministry of Defense has announced the supply of 1000 Black Hornet nanodrones to Ukraine, which are highly valuable for conducting reconnaissance operations in urban combat scenarios. Continue reading
Verity’s Oversubscribed Series B Round Total Round Reaches $43M
Verity AG, a global autonomous indoor drone company, announced the successful completion of an additional $11M investment in its Series B funding round. The addition is an extension of a $32 million Series B announced back in March, bringing the round’s full raise up to $43 million. Continue reading
PRIMUS AERO Buys Fleet of PAL-V Liberty Vehicles
PRIMUS AERO is investing in the future of transportation with the purchase of a fleet of PAL-V Liberty vehicles, enhancing their operational excellence and minimizing the downtime of clients’ aircraft. Continue reading
Darkhive Gets $5M US Air Force Contract for Autonomy Software
Darkhive Inc., a San Antonio-based drone developer, has won a $5 million contract to develop autonomous software for the U.S. Air Force. The startup was awarded a Phase III Small Business Innovation Research contract with the Air Force Research Laboratory’s innovation hub to integrate and test next generation autonomy software for drones — which the Department of Defense refers to as uncrewed aerial system platforms. Continue reading
BAE Systems Unveils FalconWorks Innovation Division
BAE Systems has launched a new division within its Air Sector called FalconWorks. It is a new centre for advanced and agile research and development designed to deliver a range of cutting-edge combat air capabilities to the UK and its allies. Continue reading
Bayraktar Drone Factory Now Under Construction in Ukraine
Oleksandr Kamyshin, the Minister of Strategic Industry, said that the construction of the Bayraktar drone factory has begun in Ukraine.