The air taxi startup Volocopter wanted to come to the New York stock exchange Nasdaq with a big deal, but the plans failed. The crowdfund investors are now going almost empty-handed. Continue reading
Category Archives: Business News
CACI Gets $80M US Navy C-UAS R&D Task Order
CACI International Inc. has announced that it was awarded a five-year $80.5 million task order supporting the U.S. Naval Surface Warfare Center, Crane Division under the Department of Defense Information Analysis Center’s (DOD IAC) multiple-award contract (MAC). Continue reading
Liteye and Unmanned Experts Partner to Address Drone Swarms
Liteye Systems, based in Denver Colorado, has partnered with Unmanned Experts Inc. to provide the hardware components to ruggedize the new AIR COMMONS – SWARM, drone swarm asset planning, management, and control system. Continue reading
Insitu Pacific to Test Lithium Sulphur Batteries
Li-S Energy has signed an agreement with Insitu Pacific to integrate and test Li-S Energy’s innovative battery technology in Insitu’s range of uncrewed aerial systems (UAS). Located in Brisbane, Insitu Pacific was established in 2009 and serves defence customers across the Asia Pacific region and commercial customers globally. Continue reading
Japan-Based DRONE FUND Invests in Wingcopter
German drone delivery pioneer Wingcopter has announced that it has received an investment from DRONE FUND. DRONE FUND is a Japan-based venture capital company specializing in drone- and air mobility-related startups. Continue reading
AeroVironment Gets $4M sUAS Contract for US Ally
AeroVironment, Inc. has announced that it received a $4,151,320 firm-fixed-price U.S. Department of Defense Foreign Military Sales (FMS) contract award on Sept. 27, 2021 to provide Puma 3 AE and Wasp AE small unmanned aircraft systems (UAS), initial spares packages, training and support to an allied nation. Continue reading
Airobotics Drones Enters Malaria Eradication Market
Airobotics , a manufacturer of autonomous drones, has signed its first contract with Zzapp Malaria, the creators of an AI platform that develops and supports Malaria eradication strategies. Continue reading
Kratos Gets $4M Target Contract from International Customer
Kratos Defense & Security Solutions, Inc. announced that its Kratos Unmanned Systems Division (KUSD) has recently received a $4.1 million contract award from an international customer for high performance, unmanned aerial target drone system aircraft and related services. Continue reading