Speedbird Aero, a drone delivery company headquartered in Brazil, has signed a Memorandum of Understanding (MOU) with High Lander, an uncrewed traffic management (UTM) developer and service provider from Israel. Continue reading
Category Archives: Business News
Alpha Unmanned Systems Announces Indonesian Partner
Alpha Unmanned Systems ,an unmanned helicopter manufacturer based in Madrid, has announced that it will increase its manufacturing and support capabilities in SE Asia through a partnership with Indonesian firm PT Indadi Venyro. Continue reading
DroneShield USA Gets $2.2M Portable Counter-UAS Orders
DroneShield Ltd has received two orders totalling approximately $2.2 million for a number of its handheld systems, including the recently launched DroneGun Mk4 portable drone countermeasure product. Continue reading
Amprius High Density Battery Cells Extend AeroVironment Switchblade Flight Time
Amprius Technologies, Inc., a manufacturer of next-generation lithium-ion batteries with its Silicon Anode Platform, is preparing to supply commercial level shipments to AeroVironment in support of the company’s Switchblade 300 Block 20 loitering missile system. Continue reading
Aeronautics to Supply Greece with Advanced Orbiter 3 Tactical UAVs
Aeronautics Ltd. has announced a contract to supply dozens of its Orbiter 3 systems to the Greek Ministry of Defense. The agreement is part of the large contract between the Israeli and Greek Ministry of Defense, worth approximately 370 million euros, for the procurement of Rafael’s Spike missiles. Continue reading
Brazilian Group Akaer to Develop Drones for Saudi Market
Brazilian technology group Akaer has entered into a partnership agreement with Saudi group Intra Defense Technologies for developing large unmanned aerial vehicles (UAVs) in the country. Continue reading
Spain Invests €27M in Hypersonic Hydrogen-Powered Jet Technology
Swiss startup Destinus sets its eyes on building a hypersonic airplane fueled with hydrogen that blazes from city to city in a blink of an eye with less emission. The hypersonic plane speeds through velocities more than five times the speed of sound. ‘You can reach the other side of the world in three to four hours without compromising on versatility, cost, or noise,’ says Destinus. In fact, the airplane team says that flying from Frankfurt to Sydney can be cut down to only four hours and 15 minutes instead of the usual 20 hours. Continue reading
Nasdaq Threatens to Delist German Air Taxi Developer Lilium
The US technology exchange Nasdaq has sent a threatening letter to the German air taxi start-up Lilium. The background is the deep fall of the stock. The board is now considering a radical step. Continue reading