The US State Department has made a determination approving a possible Foreign Military Sale to the Government of Australia of MQ-9B Remotely Piloted Aircraft and related equipment for an estimated cost of $1.651 billion. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on April 23. Continue reading
Category Archives: Business News
AeroVironment Gets US Special Ops $26M Switchblade 600 Contract
AeroVironment, Inc. announced it was awarded a cost-plus-fixed-fee contract on March 31, 2021 by the United States Special Operations Command (USSOCOM) for $26,120,810 with $7,159,036 funded upon receipt. Continue reading
US State Department Approves $1.6BN Australia MQ-9B SkyGuardian Deal
The U.S. State Department on Friday approved a $1.6 billion foreign military sale of MQ-9B drones for Australia. Continue reading
Robotic Skies Gets Investment from Japan-Based DRONE FUND
Robotic Skies, Inc, the first and only maintenance marketplace for high-end commercial and industrial drones, announced an investment from Japan-based DRONE FUND to support continued growth and services development. Continue reading
Plymouth Rock Technologies Acquires Tetra Drones
Plymouth Rock Technologies Inc. has announced that it has signed a binding LOI to acquire, in whole, Tetra Drones Limited , a developer of custom-made, high-performance and niche Unmanned Aircraft Systems (UAS). Continue reading
Volatus Aerospace to Manufacture and Distribute FIXAR VTOL UAV in North America
Volatus Aerospace, an integrated provider of unmanned aircraft and drone services, will begin the manufacture of up to 1,200 units of the innovative FIXAR VTOL drone per year at its new facility at the Lake Simcoe Regional Airport in Oro, Ontario. Continue reading
S Korea to Invest $38M in C-UAS Tech by 2025
South Korea said that it will spend 42 billion won ($37.6 million) by 2025 to develop a response system against illegal drones amid growing security threats from the fast-developing technology. Continue reading
MightyFly Raises $5M Seed Funding to Scale Production of eVTOL Aircraft

MightyFly founders Scott Parker (left) and Manal Habib (right) with their MF-100 hybrid-electric cargo delivery aircraft
MightyFly, an autonomous air cargo carrier, announced that it has closed $5.1 million in seed funding. The round includes investments from 500 Startups, At One Ventures, Global Founders Capital, Graph Ventures, and Halogen Ventures. Continue reading






