The Kroger Co. and Drone Express, a division of TELEGRID Technologies, Inc., have announced a pilot to offer grocery delivery via autonomous drones, expanding the retailer’s seamless ecosystem and providing customers with anything, anytime, anywhere. Continue reading
Category Archives: Business News
FLIR Gets New $15.4M US Army Contract for Black Hornet
FLIR Systems, Inc. announced it has won an additional $15.4 million contract to deliver its FLIR Black Hornet 3 Personal Reconnaissance Systems (PRS) to the U.S. Army. Continue reading
AeroVironment Completes Acquisition of Telerob
AeroVironment, Inc. announced that it was granted clearance from the German government and completed the previously announced acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH (Telerob), in a $45.4 million (€37.5 million) cash transaction and the pay-off of approximately $9.4 million (€7.8 million) in Telerob’s debt at closing. Telerob now operates as a wholly-owned subsidiary of AeroVironment. Continue reading
Northrop Grumman Gets $58M Support Contract for Global Hawk in Japan
Northrop Grumman Defense Services, Sierra Vista, Arizona, has been awarded a $58,546,016 cost-plus-fixed-fee, firm-fixed-price contract for the Japan Global Hawk program. Continue reading
AeroVironment Gets $22M DARPA Contract
AeroVironment Inc., Simi Valley, California, was awarded a $21,779,908 cost-plus-fixed-fee completion contract for a Defense Advanced Research Projects Agency research project. Continue reading
Astro Aerospace to Acquire Horizon Aircraft
Astro Aerospace Ltd., a developer of eVTOL aerial vehicles and drones, and Horizon Aircraft Inc., a developer of advanced eVTOLs, have entered into an agreement under which Astro will acquire privately held Horizon for five million common shares of Astro stock, the material terms of which are disclosed in the Company’s related 8-K filing. Continue reading
AeroVironment Gets $13M US Army Switchblade 300 Support Contract
AeroVironment, Inc. announced that it received a $13,010,560 cost-plus-fixed-fee contract order on March 24, 2021 from the U.S. Army for Switchblade 300 tactical missile systems contractor logistics support. Continue reading
Drone Delivery Startup Manna Raises $25M
Manna announces a $25M Series A led by Draper Esprit, with participation from Team Eurpope, DST Global, and with participation from existing investors Dynamo Ventures, Atlantic Bridge, and Elkstone. Continue reading







