AeroVironment Inc., Simi Valley, California, was awarded an $18,861,420 modification (P00030) to contract W31P4Q-20-C-0024 for Switchblade Weapon System procurement. Continue reading
Category Archives: Business News
AUTOFLIGHT and GROUPE ADP to Experiment eVTOLs During the 2024 Paris Olympics
AutoFlight, a supplier of Advanced Air Mobility solutions, and Groupe ADP, the Paris-based airport operator, have signed a Memorandum of Understanding (MoU) to experiment electric take-off and landing aircraft (eVTOLs) ‘Prosperity I’ from Pontoise Vertiport during the 2024 Paris Olympic and Paralympic Games. Continue reading
Greece Selects Safran Patroller UAV for Sperwer Replacement
Safran has secured its first export contract for the Patroller tactical unmanned air vehicle (UAV), with Greece signing a four-unit deal via the NATO Support and Procurement Agency. Continue reading
Romania Buys Three Watchkeeper X Tactical UAS for $180M
Elbit Systems Ltd. announced, further to its announcement of December 21, 2022, that it received a first purchase order worth approximately $180 million to supply the first three out of a maximum seven Watchkeeper X tactical Unmanned Aerial Systems (UAS) as part of a framework contract with the Romanian Ministry of National Defense with a maximum value of approximately $410 million (1.89 billion Lei). Continue reading
Guardian Agriculture Announces $20M in Series A Funding
Guardian Agriculture, a developer of electric Vertical Take-Off and Landing (eVTOL) systems for commercial-scale sustainable farming – and the first and only eVTOL company with FAA approval to operate commercially nationwide – announced a Series A fundraise of $20 million. Continue reading
Primoco UAV and Airbus Defence Sign MoU to Cooperate on UAS
Czech UAV manufacturer Primoco UAV SE executed a Memorandum of understanding with Airbus Defence and Space and its affiliate, Airbus DS Airborne Solutions, on cooperation in the area of unmanned aerial systems. Continue reading
French Army Selects Nexter to Develop Anti-Tank Kamikaze Drones
The French military has selected Nexter Arrowtech to develop new drones equipped with anti-tank warheads for the army, with a goal to demonstrate the new capability by the end of 2024, the company announced June 19. Continue reading
PBS and Ivchenko-Progress to Develop Small Turbojet for Unmanned Applications
Czech aerospace company PBS has signed a memorandum of understanding (MoU) with Ukraine’s Ivchenko-Progress to develop a new engine for unmanned vehicle applications. Continue reading