Category Archives: Business News

Shield AI Acquires Martin UAV

Shield AI, a fast-growing technology company that develops artificial intelligence and self-driving car technologies for the defense industry, today announced that it has signed a definitive agreement to acquire Martin UAV, an aerospace company best known for its industry-leading vertical takeoff and landing (VTOL) unmanned aircraft, V-BAT. Shield AI will integrate its combat-proven autonomy software, Hivemind, into the V-BAT, reinforcing Shield AI’s leadership position in defense-focused edge autonomy. Continue reading

VTG to Supply C-UAS Laser to Five US Destroyers

USS Stockdale fitted with ODIN

VTG, a provider of force modernization and digital transformation solutions, announced that it has been selected by the Naval Surface Warfare Center, Port Hueneme Division, a field activity of the Naval Sea Systems Command, to equip more ships in the U.S. Fleet with an innovative laser designed to counter threats from unmanned aerial systems. Continue reading

AeroVironment Gets $15.9M USAF Puma 3 AE and Raven Orders

 AeroVironment, Inc.  has announced receipt of two firm-fixed-price orders totaling $15,940,378 from the United States Air Force. The orders, received on April 19, 2021 and May 6, 2021, encompass the procurement of Puma 3 AE unmanned aircraft systems (UAS) and spares packages, as well as Raven UAS spares packages. Continue reading