Parallel Flight Technologies, a supplier of heavy-lift drone technology, and LIFT Aircraft have announced a new collaboration to develop a hybridization solution for LIFT’s HEXA eVTOL aircraft. Continue reading
Category Archives: Business News
GA-ASI Gets Support Contract for French MQ-9
The U.S. State Department has approved a $300 million Foreign Military Sale (FMS) to the Government of France for the continuation of MQ-9A Reaper Contractor Logistics Support (CLS) and related equipment. General Atomics Aeronautical Systems, Inc. (GA-ASI), developer of the MQ-9A Reaper Remotely Piloted Aircraft, is the principal contractor. Continue reading
AirData and Skydio Announce Technology Partnership
AirData UAV, a supplier of flight data management solutions, has announced a new technology partnership with Skydio, the U.S. drone manufacturer. The new partnership will allow Skydio Cloud to integrate into AirData’s robust fleet management platform—providing customers with a seamless and comprehensive fleet management solution. Continue reading
Kratos Gets $14M Contract Awards for Drone System Logistics Support
Kratos Defense & Security Solutions, Inc., a National Security Solutions provider and industry-leading provider of high-performance, jet-powered unmanned aerial systems, announced that it has recently received approximately $14 million in contract awards for logistics support, spares, consumables, and support needed to address the growing demand for Kratos’ customer drone system operations. Continue reading
French Renewable Hydrogen Production Company Raises an Extra $19M
Lhyfe, a world pioneer and pure player in renewable hydrogen production, has announced that it has raised funds for a third time, for a sum of €17 million. Most of the funds came from Andera Partners via its new green infrastructure investment fund Andera Infra. Ovive (part of Les Saules group) and the risk capital company SFLD (Société Financière Lorient Développement) also backed Lhyfe in this fundraising. Continue reading
Shield AI and VSK Tactical to Provide V-BAT 128 Unmanned Aircraft to Brazil
Shield AI, the defense-technology company using self-driving software to enable collaborative teams of unmanned aircraft to operate in GPS- and RF-denied environments, announced it has signed a contract with VSK Tactical, through reseller and facilitator Contingent Global, to provide Brazil with V-BAT 128 unmanned aircraft systems.
FlyNex and Drone Harmony Combine Technology to Digitize Infrastructure with Drones
Swiss software company Drone Harmony specializes in automation software for data acquisition with drones. Together with FlyNex, a Germany-based drone management platform, both companies now joined forces to provide a fully integrated drone workflow solution to conduct data retrieval processes with drones. Continue reading
FAA and AURA to Support UAS-to-FAA ATC Voice Communications
AURA Network Systems and the Federal Aviation Administration have entered into a four-year Cooperative Research and Development Agreement (CRADA) to help determine performance standards for Air Traffic Control (ATC) voice communications supporting unmanned aircraft systems within the national airspace system (NAS). Continue reading