Aeronautics Ltd. has announced that it has recently signed a mid-life upgrade contract with the Finnish Defense Forces (FDF) for its existing Orbiter 2 Mini UAS array. Continue reading
Category Archives: Business News
EHang Fiscal Year 2022 Financial Results – Revenues & Profits Down
EHang Holdings Limited has announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Continue reading
IAI Integrates Windward Maritime AI Insights with Heron System
Israel Aerospace Industries Ltd. and Windward Ltd. have signed a teaming agreement that will provide the maritime community with enhanced autonomy and Artificial Intelligence (AI) capabilities through the use of persistent surveillance unmanned aerial systems (UAS). Continue reading
Orbital Corp Gets $1.4M Contract Continuation for UAV Engine
Unmanned aerial vehicle (UAV) engine developer Orbital Corporation has received a A$2.08 million continuation contract with its major Singapore customer for the Design and Development and Verification and Validation phase of the principal engine development contract signed in July 2022. Continue reading
Kratos Gets $11M US Navy BQM-177A Target Contract
Kratos Unmanned Aerial Systems Inc., Sacramento, California, is awarded an $11,123,211 modification (P00001) to a firm-fixed-price contract (N0001923C0021). This modification provides for the production and delivery of 15 additional full rate production Lot 4 BQM-177A surface launched aerial targets. Continue reading
Qii.AI to Provide AI Corrosion Detection on Royal Canadian Navy Vessels
Qii.AI, the provider of AI-assisted digital inspection software, announced that it has entered into a license and AI customization agreement with Canada’s Naval Engineering Test Establishment (“NETE”) to provide the Qii platform for use in the Royal Canadian Navy’s ship inspection program. Continue reading
PrecisionHawk and European Geo-Tech Company Field Merge
PrecisionHawk and European technology company Field have merged, bringing world-leading geospatial data analysis solutions to the US infrastructure and energy sectors and beyond. Continue reading
