Aerovironment Incorporated, Simi Valley, California, was awarded a $10,082,845 firm-fixed-price contract for the Puma 3 AE Unmanned Aircraft System. Continue reading
Category Archives: Business News
CAELUM and Frequentis Partner to Develop South Korean UTM
CAELUM Co., Ltd, a South Korean aerospace & defense industry developer, has signed a Memorandum of Understanding (MoU) with Frequentis Singapore Pte Ltd, a global supplier of air traffic management (ATM) systems, to work in collaboration on Urban Air Mobility (UAM) and Unmanned Traffic Management (UTM) solutions in South Korea. Continue reading
Frequentis UTM to Optimise Drone Operations for Norwegian Offshore Platforms
Avinor ANS, Norwegian Air Navigation Services, has contracted Frequentis to extend its existing unmanned traffic management (UTM) system to enable safe and efficient UTM service provision around offshore platforms in the Norwegian North Sea. Continue reading
JetBlue Partners with BLADE Aerial Mobility
Blade Air Mobility, Inc., a technology-powered global air mobility platform announced that it has entered into an agreement with JetBlue, New York’s Hometown Airline to integrate Blade’s Airport service into JetBlue’s TrueBlue loyalty program through 2023. Continue reading
Teledyne FLIR Gets $48M Black Hornet Contract from Norway
Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced that it has entered into a framework agreement worth up to NOK 475 million (approximately $48 million) with the Norwegian Defence Materiel Agency to deliver advanced Black Hornet nano unmanned aerial vehicles (UAVs). Continue reading
Leonardo DRS and RADA announce merger
RADA Electronic Industries Ltd., a provider of advanced software-defined military tactical radars, and Leonardo DRS Inc., a mid-tier defense technology provider, announced that they have entered into a definitive agreement to merge and become a combined public company. Continue reading
Kaman Invests $10M in Near Earth Autonomy to Accelerate the Deployment of Autonomous Systems
Kaman Corporation announced that it has invested $10 million in Pittsburgh, PA based Near Earth Autonomy, Inc. in exchange for a minority interest in the outstanding equity of Near Earth and one seat on its board of directors. Continue reading
Primoco UAV SE Sells Six Primoco One 150 UAVs in $3.5M Deal
Primoco UAV SE has announced the sale of six Primoco One 150 UAVs valued at 3.3 million euros. The sale was signed with a European client. Continue reading