General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $12,568,468 cost-plus-fixed-fee contract for aircrew launch and recovery services. Continue reading
Category Archives: Business News
Draganfly to Set Up Manufacturing Facility in India
US-Canadian unmanned aerial vehicle (UAV) company Draganfly has signed an agreement with Hyderabad-based Remote Sensing Instruments (RSI) to produce and distribute Draganfly products in India. Continue reading
Boeing Gets $115M Contract to Enhance Readiness of MQ-25A Stingray Aircraft
Boeing has been granted a $115 million contract by the US Navy’s Naval Air Systems Command (NAVAIR) to furnish spare parts and repair equipment for the MQ-25A Stingray aircraft, ensuring its operational readiness and maintainability during its inaugural deployment. Continue reading
Brazilian Drone Logistics Startup Speedbird Aero Raises $2M
Brazilian drone logistics startup Speedbird Aero has successfully secured a $2 million funding round led by MSW Capital. This investment aims to unlock the sky’s potential for faster drone delivery services. Continue reading
Kratos to Distribute Hypersonix DART AE Hypersonic System in USA
Hypersonix Launch Systems Ltd. and Kratos Defense & Security Solutions, Inc. have announced an Exclusive Teaming Agreement to provide the Hypersonix DART AE Hypersonic System within the U.S. market, integrated with Kratos’ Zeus family of solid rocket motors. Continue reading
US Defense Logistics Agency to Procure Teal 2 UAS for $2.6M
Red Cat Holdings, Inc., a drone technology company integrating robotic hardware and software for military, government and commercial operations, announced that subsidiary Teal Drones has received a $2.6 million purchase order to supply its Teal 2 sUAS to the U.S. Defense Logistics Agency (DLA).
India’s Garuda Aerospace Partners with Global Drone Players
Garuda Aerospace has announced new partnerships with Titan Innovations, Easy Aerial, Azur Drones, Aero Sentinel & Securiton, for the nation-wide distribution of their drones across the defense, security, and civil infrastructure sectors. Continue reading
ParaZero Gets Second Order from Major Automaker for Drone Safety System
Israel-based ParaZero Technologies Ltd., an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, has received a second order for its custom safety system for drones by one of the world’s largest automotive manufacturers. Continue reading