Category Archives: Business News

Tekever Raises $23M for Maritime Surveillance Drones

Tekever, which makes AI-integrated drones specifically tailored to monitor and detect activity on the water, has raised €20 million (nearly $23 million at today’s rates). Ventura Capital led the round with participation from Iberis Capital and a number of unnamed strategic investors from the maritime industry. It will use the funds to hire more staff and continue to expand its technology. Continue reading

Elbit Systems UK Builds British Team to Deliver Advanced UAS

Elbit Systems UK has built a strong industrial team in the UK to compete for specific UAS programmes that are emerging. Team Elbit will leverage the capabilities of partner organisations, a broad range of suppliers, and Elbit Systems’ own expertise and experience as a world leader in UAS design and systems integration, delivering agile innovation to meet new and emerging UAS requirements. Continue reading