Category Archives: Business News

IAI to Develop and Deliver Hand-Launched Electro-Optical Guided Missile for US

IAI has unveiled its POINT BLANK electro-optically guided missile, that can be carried in a soldier’s backpack. The system answers the battlefield requirement to provide tactical units ranging in size from small tactical teams to battalion level, with an independent and organic capability to increase their lethality. Continue reading

Lufthansa Industry Solutions Partners with Draganfly on Marine Search and Rescue Solutions

Draganfly Inc.has announced that Lufthansa Industry Solutions, an IT service provider and a subsidiary of Lufthansa Group has entered into a letter of intent with Draganfly to explore providing its drone solutions and Vital Intelligence (VI) technology for use into its existing infrastructure and customer solutions. Continue reading

Greece to Build New Advanced Drone Called ‘the Griffin’

On January 12th at the Ministry of Finance, in the presence of the Minister of Finance Mr. Christos Staikouras and the Minister of National Defense Mr. Nikolaos Panagiotopoulos, the memorandum of cooperation was signed between the management of the Hellenic Aviation Industry (EAB) and the rector’s authorities of the Aristotle University of Thessaloniki , of the University of Patras, the Democritus University of Thrace and the University of Thessaly for the design and industrial production of a second, more complex unmanned aerial vehicle (drone) for a variety of uses. Continue reading