Lithuania is considering buying Turkish-made Bayraktar combat drones, Defence Minister Arvydas Anušauskas has said. Continue reading
Category Archives: Business News
Matternet Takes Over Drone Business from Swiss Post
Matternet has announced that it is embarking on the next chapter of its drone operations in Switzerland. Starting January 1, 2023, Matternet will take over drone business activities from Swiss Post, in addition to providing its technology platform and operating customer drone delivery networks. Continue reading
Australia’s Aerologix Raises $3M
Sydney-based drone tech company Aerologix is taking its operations to new heights after closing a AUD4.2 million (USD 3M) funding round led by specialist investment manager Ellerston Capital. Continue reading
Australian Government Backtracks on Loyal Wingman Orders
The Australian government is set to acquire just 10 Loyal Wingman autonomous platforms for the Royal Australian Air Force, as opposed to the previously suggested 13. Continue reading
Italy Annuls Sale of Military Drones Firm to Chinese Investors
Italy hss annulled the sale of a military drones company to Chinese investors, three government officials told Reuters, the latest in a series of moves by Rome to curb Beijing’s forays into the euro zone’s third-largest economy. Continue reading
Axon and Skydio Announce New Integration for Public Safety
Axon a global supplier of connected public safety technologies, and Skydio, a US drone manufacturer and world supplier of autonomous flight solutions, announced that public safety agencies flying Skydio drones and using Axon Respond, Continue reading
Skyports and Jurong Port to Develop Maritime Drone Deliveries in Singapore
Skyports, a global Advanced Air Mobility (AAM) infrastructure developer and drone delivery services operator, and Jurong Port, the operator of Singapore’s only multi-purpose cargo port, have signed a Memorandum of Understanding (MOU) to explore the development of ship-to-shore infrastructure at Jurong Port. Continue reading
12,000 Wingcopter Delivery Drones for the African Continent
German drone delivery company Wingcopter and Continental Drones Ltd., a subsidiary of Ghana- and Dubai-based Atlantic Trust Holding, have signed a partnership agreement to help establish drone-based delivery networks with thousands of Wingcopter drones across the African continent. Continue reading