Northrop Grumman has received a $40.6 million order to conduct a full-scale fatigue test and an effect-of-defect evaluation on the U.S. Navy’s Triton MQ-4C unmanned aircraft system. Continue reading
Category Archives: Business News
Hoverfly Technologies Surpasses 300 LiveSky Sales to US Government
Hoverfly Technologies Inc. has announced another order for 43 LiveSky systems for the US Army, now surpassing over 300 LiveSky tethered drones sold to the U.S. government. LiveSky is a turnkey tethered UAS platform with infinite flight time, offering on-demand persistent ISR capabilities and communications relay solutions. Continue reading
Thales Selected for Integrated Drone Surveillance System (IDSS) Trial at Sydney Airport
Thales has been selected by Airservices Australia, an Australian Government-owned organisation responsible for the safe and efficient management of 11 per cent of the world’s airspace, as the prime systems integrator to launch an Integrated Drone Surveillance Trial utilising the company’s advanced drone surveillance solution. Continue reading
Lithuania and Turkey Sign Agreement for Bayraktar Drones
Lithuania is considering buying Turkish-made Bayraktar combat drones, Defence Minister Arvydas Anušauskas has said. Continue reading
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