Category Archives: Business News

uAvionix Acquired by DC Capital Partners

uAvionix has announced its acquisition by DC Capital Partners, LLC (DCCP). Since uAvionix’s inception, the company has leveraged disruptive technology to emerge at the forefront of the unmanned and general aviation markets. Becoming a portfolio company of DCCP will propel uAvionix forward with the means to impact the broader aerospace and defense markets. Continue reading

Pratt & Whitney to Develop Advanced Engine for Air Force Research Laboratory

The U.S. Air Force Research Laboratory (AFRL) has awarded Pratt & Whitney, a Raytheon Technologies business, a contract for a ground test demonstration program for a novel architecture using a rotating engine detonation concept to be jointly executed by Pratt & Whitney, Raytheon Missiles & Defense, and Raytheon Technologies Research Center. Continue reading

World’s First Delivery Drones For Offshore Wind Sector

Marco Polo Marine Ltd., a reputable regional integrated marine logistics company, and F-drones Pte. Ltd. a Singapore-based company developing large scale autonomous delivery drones, have announced the signing of a memorandum of understanding (MOU) to co-develop the world’s first large-scale, electric aerial delivery drones for offshore wind farms. Continue reading