Category Archives: Business News

US Department of Defense Awards Citadel Defense $6M Contract for Integrated Counter Drone System

Citadel Defense has been awarded a sole source contract for $6M from a Classified U.S. Department of Defense customer to build and deploy an AI-powered counter drone solution. The system will be deployed at sensitive government locations and effectively operated by non-specialist military personnel and first responders. Continue reading

US Air Force Gives $60M Funding to Develop Mach 5 Aircraft

Hermeus, the aerospace company developing Mach 5 aircraft, announced the signing of a $60 million U.S. Air Force partnership for flight testing its first aircraft, Quarterhorse. Quarterhorse will validate the company’s proprietary turbine-based combined cycle (TBCC) engine, based around the GE J85 turbojet engine, and is the first in a line of autonomous high-speed aircraft. Continue reading

Air Methods Spright Drone Solution Deploys Fleets of Wingcopters

Air Methods, the US leading air medical service provider, announced the launch of Spright, a newly formed drone solution, designed to help improve healthcare access and minimize supply challenges. Collaborating with Wingcopter, a German drone manufacturer, Spright is creating a drone-based, healthcare-specific delivery network across the United States. Continue reading