Zenith AeroTech, a developer of heavy-lift tethered aerial vehicles (TAVs), announced that it has formed a strategic partnership with VIRTEX Enterprises, an Austin-based electronics manufacturing service provider, to meet increasing customer demand for more TAVs in shorter time frames and for these platforms to be NDAA compliant. Continue reading
Category Archives: Business News
Kratos Gets $50M Contract for 65 Production BQM-177A Aerial Target Drones from US Navy
Kratos Defense & Security Solutions, Inc. announced that, following the Government announcement, Kratos Unmanned Aerial Systems (KUAS) has been awarded a $50,917,490 contract modification (P00007) to a previously awarded firm-fixed-price contract (N0001920C0075). Continue reading
Red Cat Gets CBP Contract Worth up to $90M over Five Years
Red Cat Holdings, Inc., a hardware-enabled software provider to the drone industry, has announced that its subsidiary Teal Drones has been awarded a firm-fixed-price, multiple award blanket purchase agreement (BPA) by the United States Customs and Border Protection as one of five contractors. Continue reading
Dedrone Secures $30.5 Million Series C Investment
Dedrone, a supplier of smart airspace security systems, announced that it has closed a $30.5 million Series C financing round led by Axon, the global leader in connected public safety technologies. Continue reading
Airobotics and ShotSpotter Partner to Offer Integrated Gunshot Detection and Real-time Aerial Video
Airobotics, an Israeli manufacturer of autonomous Unmanned Aerial Vehicles (UAVs) and aerial data systems, announced that it has signed an exclusive agreement with the American company ShotSpotter to sell and deploy its gunshot detection technology in Israel. Continue reading
MARSS and Thales Collaborate to Protect Infrastructures Against UAS
MARSS has announced a collaboration with Thales for the delivery of system solutions to provide protection of critical infrastructures against multiple threats. Continue reading
US Treasury Identifies Eight Chinese Tech Firms as Part of The Chinese Military-Industrial Complex
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on December 16th. identified eight Chinese technology firms pursuant to Executive Order (E.O.) 13959, as amended by E.O. 14032. These eight entities actively support the biometric surveillance and tracking of ethnic and religious minorities in China, particularly the predominantly Muslim Uyghur minority in Xinjiang. Continue reading
Wingcopter Gets Investment from Latin-America
German drone delivery pioneer Wingcopter has secured its next investment. The capital influx comes from SYNERJET Corp, a leading business aviation specialist in Latin America, with operations in Brazil, Colombia, Ecuador, Chile, Panama, and Guatemala. Continue reading







