Category Archives: Business News

Bidding Process for Piaggio Aerospace Formally Reopens

With a notice published on january 19 in a selected number of financial newspapers, and after receiving the relevant authorization from the Italian Ministry of Economic Development, the Extraordinary Commissioner Vincenzo Nicastro officially reopened the bidding process for the sale of the business complexes of Piaggio Aero Industries and its subsidiary Piaggio Aviation, the two companies, currently under Extraordinary Administration, operating under the Piaggio Aerospace brand. Continue reading →

SoCalGas, Doosan Mobility Innovation and GTI to Launch Hydrogen Drone Demonstration

Southern California Gas Co. (SoCalGas) joined Doosan Mobility Innovation (DMI) and GTI at the CES Las Vegas summit to announce their partnership in launching DMI’s first-of-its-kind hydrogen drone technology. With the support of SoCalGas and GTI, DMI will be demonstrating their DS30 drone system, which offers the best fuel cell powerpack performance with up to 120 minutes of flight time and up to 11 pounds maximum payload. Continue reading →

Drone Harmony Raised $1.6M to Accelerate Innovation

Drone Harmony is a supplier of automation software for data acquisition workflows in the commercial drone market. The Full-3D Flight Planning Engine provides unprecedented degrees of automation in flight plan generation, plan visualization and flight execution, making it the best choice for safe, efficient and high-quality data acquisition. Continue reading →

First Customer for Leonardo’s Mirach 100/5 V2 Target Drone

A contract for 10 drones is the first for the Mirach 100/5 V2, which features new engines, advanced new avionics and enhanced reliability. The Mirach 100/5 V2 will accurately simulate hostile aircraft and incoming missiles during training exercises, allowing Armed Forces to train with radars and weapon systems in realistic scenarios. Continue reading →