General Atomics – Aeronautical Systems Inc., Poway, California, was awarded a $42,555,776 option (P00014) to previously awarded contract FA8620-19-C-2003 for MQ-9 Reaper contractor logistics support. Continue reading
Category Archives: Business News
PteroDynamics Secures Contract with US Navy for Cargo VTOL Aircraft
PteroDynamics, an aircraft design and manufacturing company that develops innovative vertical take-off and landing (VTOL) aircraft, has announced that it has secured a contract with Naval Air Warfare Center Aircraft Division (NAWCAD) to deliver 3 VTOL prototypes for the Blue Water Maritime Logistics UAS (BWUAS) program. Continue reading
Drone Delivery Canada Teams with Nexeya on Military Applications
Drone Delivery Canada Corp. has announced that it has signed a sales collaboration agreement, effective August 16th, 2021, with Nexeya Canada, a Hensoldt Company, to jointly explore military applications for DDC’s drone solution. Continue reading
Carbonix Raises $4.5M in Late Seed Funding
Carbonix Domani
CarbonicBoats Pty. Ltd. (“Carbonix”), a designer, manufacturer and operator of unmanned aerial data capture solutions based in Sydney, Australia, has raised AU$6.3 million in late seed funding. The round, which was oversubscribed, includes listed Defence aerospace manufacturer Quickstep Holdings Limited who invested $1M – adding a strategic dimension to the mix of individuals and small funds taking up the opportunity. Continue reading
SkySafe Expands Presence in Asia with Competitive Win
SkySafe’s flagship MM2 Counter-UAS system
SkySafe has announced the expansion of its presence in Asia following an award by a major U.S. military ally. It was SkySafe’s fourth competitive contract win in the region in the past year, bringing the company’s military sales in the region to over US $7 million dollars. Continue reading
Swoop Aero and Skyports Extend Drone Delivery Partnership
After having contributed to the UK’s National Health Service (NHS) COVID-19 response, Australian drone logistics company Swoop Aero and UK advanced air mobility (AAM) company Skyports are extending their partnership to deploy drone delivery networks across the Americas and Europe. Continue reading
GENIUS NY Announces Round Five Finalists
GENIUS NY, a business accelerator program at CenterState CEO’s Tech Garden, has announced the five finalists companies selected for its fifth round. These startup unmanned systems and robotics companies will participate in the year-long program and will compete for a total of $3 million in direct investment, with one grand prize of up to $1 million and four $500,000 awards. Continue reading
Volz Servos Acquires Aircraft Electronic Engineering
Volz Servos has recently acquired Aircraft Electronic Engineering (AEE), an EASA approved production (Part 21G), maintenance (Part 145), and alternative design organisation (Part 21O). Continue reading