CarbonicBoats Pty. Ltd. (“Carbonix”), a designer, manufacturer and operator of unmanned aerial data capture solutions based in Sydney, Australia, has raised AU$6.3 million in late seed funding. The round, which was oversubscribed, includes listed Defence aerospace manufacturer Quickstep Holdings Limited who invested $1M – adding a strategic dimension to the mix of individuals and small funds taking up the opportunity. Continue reading
Category Archives: Business News
SkySafe Expands Presence in Asia with Competitive Win
SkySafe has announced the expansion of its presence in Asia following an award by a major U.S. military ally. It was SkySafe’s fourth competitive contract win in the region in the past year, bringing the company’s military sales in the region to over US $7 million dollars. Continue reading
Swoop Aero and Skyports Extend Drone Delivery Partnership
After having contributed to the UK’s National Health Service (NHS) COVID-19 response, Australian drone logistics company Swoop Aero and UK advanced air mobility (AAM) company Skyports are extending their partnership to deploy drone delivery networks across the Americas and Europe. Continue reading
GENIUS NY Announces Round Five Finalists
GENIUS NY, a business accelerator program at CenterState CEO’s Tech Garden, has announced the five finalists companies selected for its fifth round. These startup unmanned systems and robotics companies will participate in the year-long program and will compete for a total of $3 million in direct investment, with one grand prize of up to $1 million and four $500,000 awards. Continue reading
Volz Servos Acquires Aircraft Electronic Engineering
Volz Servos has recently acquired Aircraft Electronic Engineering (AEE), an EASA approved production (Part 21G), maintenance (Part 145), and alternative design organisation (Part 21O). Continue reading
US Department of Defense Awards Citadel Defense $6M Contract for Integrated Counter Drone System
Citadel Defense has been awarded a sole source contract for $6M from a Classified U.S. Department of Defense customer to build and deploy an AI-powered counter drone solution. The system will be deployed at sensitive government locations and effectively operated by non-specialist military personnel and first responders. Continue reading
Delta Drone Acquires Australia’s Arvista Pty
Global drones-as-a-service provider Delta Drone International Limited announced that it has entered into a conditional Share Purchase Agreement to acquire 60% of Arvista Pty Ltd , and a Shareholders Agreement relating to Arvista which includes a Call Option to acquire the remaining 40% of Arvista in the future. Continue reading
US Air Force Gives $60M Funding to Develop Mach 5 Aircraft
Hermeus, the aerospace company developing Mach 5 aircraft, announced the signing of a $60 million U.S. Air Force partnership for flight testing its first aircraft, Quarterhorse. Quarterhorse will validate the company’s proprietary turbine-based combined cycle (TBCC) engine, based around the GE J85 turbojet engine, and is the first in a line of autonomous high-speed aircraft. Continue reading







