Quantum-Systems GmbH, Munich-based manufacturer of small Unmanned Aircraft Systems (sUAS), announced that it has closed an additional round of financing and raised an undisclosed amount from also Munich-based 10x Group. The investment round will support the company’s continued expansion as it takes advantage of accelerating market demand for next-generation sUAS with electric vertical take-off and landing capabilities and onboard edge AI. Continue reading
Category Archives: Business News
Aerodyne Welcomes Japanese Investment
Aerodyne Group, a global drone services company headquartered in Cyberjaya, Malaysia announced that it has welcomed Real Tech Fund, KOBASHI HOLDINGS, and ACSL as strategic partners. Aerodyne Group is a DT3 (Drone Tech, Data Tech, and Digital Transformation) drone-based enterprise solutions provider, and a pioneer in the use of artificial intelligence as an enabling technology for large-scale data operations, analytics and process optimization with presence in 35 countries. Continue reading
Delta Drone Draws Down €1M of Nominal Value
In accordance with the authority granted to the Board of Directors by the Extraordinary General Shareholders’ meeting of Delta Drone dated 24 April 2020 pursuant to its sixth resolution, the Board of Directors dated 14th October 2020: Continue reading
AnsuR and UAV Navigation Enable UAV Satellite Video Streaming
One of the most important features of an unmanned aerial system is the ability to provide visual information from cameras to support mission critical decisions. One of the most common uses of UAVs is their application in ISR missions because they can take pictures and send video from a privileged position of remote locations. Continue reading
Kroger and Drone Express Partner to Provide Grocery Delivery by Drone
The Kroger Co. and Drone Express, a division of TELEGRID Technologies, Inc., have announced a pilot to offer grocery delivery via autonomous drones, expanding the retailer’s seamless ecosystem and providing customers with anything, anytime, anywhere. Continue reading
FLIR Gets New $15.4M US Army Contract for Black Hornet
FLIR Systems, Inc. announced it has won an additional $15.4 million contract to deliver its FLIR Black Hornet 3 Personal Reconnaissance Systems (PRS) to the U.S. Army. Continue reading
AeroVironment Completes Acquisition of Telerob
AeroVironment, Inc. announced that it was granted clearance from the German government and completed the previously announced acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH (Telerob), in a $45.4 million (€37.5 million) cash transaction and the pay-off of approximately $9.4 million (€7.8 million) in Telerob’s debt at closing. Telerob now operates as a wholly-owned subsidiary of AeroVironment. Continue reading
Northrop Grumman Gets $58M Support Contract for Global Hawk in Japan
Northrop Grumman Defense Services, Sierra Vista, Arizona, has been awarded a $58,546,016 cost-plus-fixed-fee, firm-fixed-price contract for the Japan Global Hawk program. Continue reading







