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
Category Archives: Business News
Delta Drone Acquires Australia’s Arvista Pty
Global drones-as-a-service provider Delta Drone International Limited announced that it has entered into a conditional Share Purchase Agreement to acquire 60% of Arvista Pty Ltd , and a Shareholders Agreement relating to Arvista which includes a Call Option to acquire the remaining 40% of Arvista in the future. 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
US Navy Awards Skydweller $5m to Demo Solar-Powered, Long-Endurance UAV
The US Navy (USN) has awarded Skydweller Aero a $5 million contract to demonstrate its solar-powered, long-endurance unmanned air vehicle (UAV). Continue reading
Marine Advanced Robotics and Planck Aerosystems Form Strategic Alliance
Marine Advanced Robotics and Planck Aerosystems have established a strategic alliance to provide a multi-domain robotic team that includes an unmanned surface vessel (USV) equipped with a small unmanned aircraft system (sUAS) that operate together for advanced mission profiles. 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
Leonardo DRS Acquires Small-Form Gimbal Company
Leonardo DRS, Inc. announced that it has acquired Ascendant Engineering Solutions (AES), one of the world’s most advanced gimbal producers. Continue reading
Kratos Gets $388M USAF Production and Logistics Contract
Kratos Unmanned Aerial Systems Inc., Sacramento, California, has been awarded a $338,071,466 firm fixed-price, cost-plus-fixed-fee and time-and-material contract for Lots 17-21 production, out-of-warranty-repairs, and contractor logistics support. Continue reading







