Morocco’s Royal Armed Forces have purchased Israel’s Skylock Dome System to strengthen FAR’s defensive and territory control capabilities and preserve the country’s national and strategic stability. Continue reading
Category Archives: Business News
Primoco UAV SE and UMS Skeldar Team to Provide Versatility of RPAS Operations
Czech-based Primoco UAV SE and Swiss-Swedish UMS Skeldar have teamed up as part of a cooperation agreement to provide selected customers with a combination of the Primoco One 150 fixed-wing and UMS Skeldar’s V-150 rotary wing unmanned aerial vehicles (UAVs). Continue reading
Flytrex Raises $40M to Build US Drone Delivery Service
Flytrex, the Israeli startup working with Walmart, Chili’s, and others in North Carolina in pilots for a drone-based delivery service targeting suburban consumers, has picked up $40 million in funding to continue developing its hardware and software, as well as more business partnerships, as it awaits regulatory nods to expand its service to more markets in the U.S. Continue reading
Sky Power Partners with India’s Zerosum Technologies on UAV Engines
Germany-based Sky Power GmbH has tied up with Zerosum Technologies, India to provide class leading UAV propulsion systems to the local growing and maturing market. The relationship between the two companies is expected to go beyond marketing the Sky Power products. Continue reading
ZALA AERO to Deliver 7 UAS to Latin America
Russian company ZALA AERO (part of the Kalashnikov group of companies), one of the largest domestic manufacturers of unmanned aerial vehicles, has signed a contract to supply seven unmanned aerial vehicle systems to Panamanian company UAV LATAM. Continue reading
Ukraine’s Ivchenko-Progress Selected as Engine Supplier for Turkish MIUS Drone Project
Turkey’s Baykar signed a contract with Ukrainian firm Ivchenko-Progress for the delivery of AI-322F Turbofan engines its Combat Unmanned Aircraft System (MIUS) project. Continue reading
Draganfly Announces Record Third Quarter Revenue
Draganfly Inc. has announced its third quarter financial results. Continue reading
Robotic Skies Announces Strategic Funding by Hearst Ventures
Robotic Skies Inc, the global maintenance marketplace for commercial Unmanned Aircraft Systems (UAS) and Advanced Air Mobility (AAM) aircraft, announced today new strategic funding from Hearst Ventures to support continued growth and product development. Continue reading