The entrepreneurship arm of Saudi Aramco has invested a further $500,000 in a Saudi drone operator to help scale its operations to expand overseas. Continue reading
Category Archives: Business News
YellowScan and Acecore Announce Fully Integrated LiDAR Drone Solution
YellowScan, a global designer of next generation of Unmanned Aerial Vehicles (UAV) LiDAR solutions, has announced a new product collaboration with Acecore Technologies the developer and manufacturer of professional grade UAVs for data collection and surveillance markets. Continue reading
Honeywell Signs MOU with Carbonix for UAV Comms
Honeywell has signed a memorandum of understanding (MOU) with Carbonix, an Australian drone manufacturer, to provide its smallest and lightest satellite communications solution for their long-range fixed-wing unmanned aerial vehicle (UAV). Powered by Inmarsat’s global satellite communications network, the Honeywell Small UAV SATCOM system enables beyond visual line-of-sight (BVLOS) command and control, real-time video streaming, and communication for defence and civilian missions. Continue reading
Orbital UAV Delivers First Engine System to Singapore

Australia’s Minister for Defence Industry Melissa Price MP with Orbital UAV CEO Todd Alder at Land Forces 2021
Orbital Corporation Ltd has advised that it has delivered the first engine system to its Singapore defence customer. Orbital UAV signed a Memorandum of Understanding with one of Singapore’s largest defence companies in March 2020. Continue reading
GA-ASI Gets $11M US Navy MQ-9 Reaper Support Contract
General Atomics, Aeronautical Systems Inc., Poway, California, is awarded an $11,183,991 firm-fixed-price modification (P00014) to a previously awarded contract (N0001918C1063). Continue reading
Insitu Pacific and Innovaero to Collaborate on UAS Platforms
Insitu Pacific and Perth-based aeronautical technology company Innovaero Pty Ltd have signed a Memorandum of Agreement (MOA) to strengthen and support the development of Australian technology for uncrewed aerial systems (UAS). Continue reading
IAI Signs US$200M UAS Services Contract in Asia
Israel Aerospace Industries (IAI) recently signed a US$ 200 million contract to provide unmanned aerial systems (UAS) services to a country in Asia, relating to IAI’s Heron unmanned aerial vehicle (UAV). This is the fourth major UAS transaction that IAI has announced this year. Continue reading
Hanwha Wins $22M Contract to Develop Anti-Drone Lasers in Korea
Korea’s Hanwha Group has won a 24.3 billion-won ($21.8 million) deal from the Agency for Defense Development to develop a key device that helps laser beam weapons target drones flying several kilometers away, the company announced. Continue reading






