Angola has recently purchased the Aksungur combat drone from Turkey, a move that is sure to bolster the country’s defense capabilities. Continue reading
Category Archives: Business News
Wingcopter and ZAL to Develop Hydrogen Power for Delivery Drones
Wingcopter, the German developer and operator of delivery drones, and Hamburg-based ZAL Center of Applied Aeronautical Research GmbH have announced a development partnership. Together, they intend to explore the potential of green hydrogen to power Wingcopter’s drones, which are already purely electric, and develop a sustainable, hydrogen-based propulsion system. Continue reading
Northrop Grumman Gets $57M US Navy MQ-4C Triton Support Contract for Australia
Northrop Grumman Systems Corp., San Diego, California, is awarded a $57,403,706 cost-plus-fixed-fee modification (P00017) to a previously awarded contract (N0001921C0060). Continue reading
Red Cat Holdings Invests in Firestorm Modular UAS Company
Red Cat Holdings, Inc. a military technology company integrating robotic hardware and software to protect and support the warfighter, has made a materially significant financial investment in Firestorm, an American company developing the first completely Modular Unmanned Aerial System (MUAS) that is 3D printed and payload agnostic. Continue reading
Inmarsat & Heron AirBridge Partner for UAV Integration in Singapore
Inmarsat has welcomed Singapore-based Heron AirBridge, a specialist in Uncrewed Aircraft System Traffic Management (UTM) in the Asia Pacific region, as the latest company to join its Velaris Partner Network, following a Memorandum of Understanding (MoU) signed at Drones Asia. Continue reading
Volatus Aerospace to Expand Pipeline Corridor Surveillance in Eastern Canada
Volatus Aerospace Corp. has announced that its subsidiary, Canadian Air National Inc., has signed a 3-year master service agreement with a leading pipeline operator to provide pipeline right-of-way asset and environmental monitoring throughout Ontario. The agreement, signed on March 2nd, is estimated to generate revenues of up to $5M over the next three years with margins within historical norms for jobs of this nature. Continue reading
Boeing, Shield to Collaborate on Artificial Intelligence, Autonomy for Defense Programs
Boeing and Shield AI have signed a memorandum of understanding to explore strategic collaboration in the areas of autonomous capabilities and artificial intelligence on current and future defense programs. The agreement, signed at the Air Force Association Warfare Symposium, will be managed by Boeing Phantom Works. Continue reading
Kaman and Phi Aviation Announce Commercial Agreement
Kaman Corporation and PHI Aviation LLC announced at the 2023 HAI Heli-Expo that Kaman’s subsidiary, Kaman Aerospace Corporation (“Kaman”) and PHI have entered into a master commercial agreement for the promotion, sales and support of a commercial version of Kaman’s KARGO UAV unmanned aerial system, including collaboration relating to its ongoing design and certification. Continue reading