The European Investment Bank (EIB) will provide a €40 million (USD 44 M) quasi-equity investment into Wingcopter GmbH, a European pioneer in unmanned delivery drone technology and related services. Continue reading
Category Archives: Business News
TEKEVER Gets Oil & Gas Market Contract in North America
TEKEVER, a European manufacturer of advanced Unmanned Aerial Systems (UAS), has signed a contract with Phoenix Heli-Flight, a Canadian helicopter charter company, to assist in the monitoring and assessment of critical oil and gas infrastructure. Continue reading
Sustainable Skylines Raises $1M to Launch Large-Scale Drone Advertising Operations
Sustainable Skylines, the aerial drone advertising and data analytics company, announced a $1M pre-seed funding round in preparation for its initial launch. Continue reading
Supernal and Inmarsat Partner on Advanced Air Mobility Vehicle Connectivity
Supernal and Inmarsat announced a partnership to define the application of satellite connectivity in Advanced Air Mobility (AAM). Together, the companies will conduct testing and data sharing to optimise hardware and network systems, which will lead to the safe and efficient integration of electric vertical takeoff and landing (eVTOL) vehicles into the airspace. Continue reading
ESAero to Distribute Intelligent Energy Fuel Cells in the USA
Empirical Systems Aerospace, Inc. (ESAero), a supplier of electric aircraft technologies, and Intelligent Energy Limited (IE), a manufacturer of lightweight hydrogen fuel cells for flight, have signed a distributor agreement for ESAero to represent the IE-SOAR fuel cell product line on fixed wing, rotary wing and vertical take-off and landing (VTOL) applications in the United States. Continue reading
Teal Drones Partners with Doodle Labs for US Army’s SRR Program
Red Cat Holdings, Inc. , a military technology company integrating robotic hardware and software to protect and support the warfighter, announced that subsidiary Teal Drones will partner with Doodle Labs on Teal’s sUAS prototype for the U.S. Army’s Short Range Reconnaissance (SRR) program.
Toyota Unit Funds Japanese Startup for ‘Flying Minitruck’ Drone
Toyota Motor-affiliated supplier Jtekt has funded a venture developing a drone for airlifting cargo to hard-to-reach areas and disaster sites. Continue reading
