Orbital Corporation Ltd announced that it has signed a new engine development and supply agreement with Textron subsidiary, Lycoming Engines. The new agreement includes a 12-month engine development program, which will enable the integration of an Orbital UAV-designed core engine, including proprietary fuel and engine control systems, into Textron Systems’ Aerosonde program. Continue reading
Category Archives: Business News
Kongsberg Geospatial and Sentient Vision Partner on AI Sensor Analysis

This video still frame demonstrates how Sentient Kestrel can detect and track multiple targets based on motion
Kongsberg Geospatial, developer of the TerraLens Geospatial SDK, announced that it has partnered with Sentient Vision Systems to enable real-time analysis of sensor video data from drone-based sensors, using Sentient’s Kestrel, an AI–enabled computer vision system that provides automated object detection. Continue reading
Elistair Raises €5M for International Expansion
Elistair, a supplier of tethered drones, has raised €5M from Omnes and Starquest Capital, its historic investor. This Series B round follows an initial €2M funding round in 2018. Since its creation in 2014, Elistair’s solutions have already been deployed by military forces and national security agencies in over 65 countries. Continue reading
Citadel Defense Gets $5M US Government C-UAS Contract
Citadel Defense has received a follow-on urgent contract award from the U.S. Department of Defense to protect servicemen and servicewomen from small drone threats. Continue reading
Nordic Unmanned Enters European Fixed Wing Drone Market with Textron
Nordic Unmanned has teamed up with Textron Systems Corporation, a Textron Inc. company, to enter the fixed wing segment of the European drone market. The first commercial opportunity for the team is already targeted, as Nordic Unmanned is competing for a contract with the European Maritime Safety Agency (EMSA) with Textron Systems as its supplier of platform and lifecycle support. Continue reading
Textron Sets Up eAviation Division
Textron is formalizing its presence in the electric aircraft market with the formation of a new division called eAviation. The company confirmed that long-time senior executive Rob Scholl has been named to head the unit in a senior v-p role that reports directly to Textron chairman and CEO Scott Donnelly. Scholl previously was the senior v-p of sales and marketing at Textron Aviation. Continue reading
Skycatch Raises $25M in Funding
Skycatch has announced a $25 million raise, led by ADB Ventures and Wavemaker. Founded in 2013, the Bay Area-based company provides centimeter-accurate 3D scanning services, primarily for construction sites and mining operations. Continue reading
airBaltic and LMT to Collaborate on Drone Innovations
Latvian national airline airBaltic and LMT have signed an agreement for collaboration within the drone industry. The agreement foresees a joined development of various drone solutions overseen by general aviation and the development of LMT’s learning program for drone pilots. Both companies will also collaborate on testing the mobile network coverage in the air space. Continue reading






