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
Category Archives: Business News
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
BlueHalo Acquires Citadel Defense
BlueHalo, a provider of advanced engineering solutions and technology to the national security community, has announced that it has acquired Citadel Defense Company. Continue reading
Amprius Supplies 400 Wh/kg Commercial Cells to Kraus Hamdani
Amprius Technologies, Inc., a supplier of 100% Silicon Anode Li-Ion Batteries via its Si-Nanowire platform, has announced that it has secured commercial orders with Kraus Hamdani Aerospace, a pioneer in ultra-long endurance unmanned aerial systems (UAS). Amprius Technologies will ship 405 Wh/kg battery cells to Kraus Hamdani Aerospace through the end of 2021, and the companies have also entered into an agreement to secure additional high-performance battery cells through 2022. Continue reading







