UAS service providers Soaring Eagle Imaging (SEI) from Brandon, Mississippi and Skynetwest from Chandler, Arizona, announced a definitive agreement to become a leading drone data collection and processing company with the creation of Soaring Eagle Technologies. Continue reading
Category Archives: Business News
Ascendance Flight Technologies Raises €10M Funding to Develop Hybrid-Electric Technologies
Ascendance Flight Technologies has announced it has closed a €10M funding round backed by Habert Dassault Finance, Celeste Management, M Capital, Kima Ventures and IRDI. The round also includes some senior leaders from the industry and international entrepreneurs. Continue reading
Iris Automation and Doosan Partner for Safer, Fuel Cell-Powered Drones
Iris Automation announced that the company has partnered with Doosan Mobility Innovation (DMI) for the integration of its Casia detect and avoid (DAA) system with DMI’s family of hydrogen powered systems and drones. The joint solution will enable DMI’s clients to operate safer advanced missions like beyond visual line of sight (BVLOS) and accelerates the Korean manufacturer’s entrance into the US market. Continue reading
Nordic Unmanned Acquires Emission Monitoring Firm Ecoxy
Nordic Unmanned has announced that it has signed an agreement to acquire 100 percent of the shares of Ecoxy, the leading Norwegian provider of accredited emission measurements for the shipping and oil and gas industry. Ecoxy is also accredited to verify GHG reporting under EU ETS. Continue reading
Leonardo and Northrop Grumman Team on Future Rotorcraft UAS Opportunities
Leonardo and Northrop Grumman have announced their intention to jointly pursue opportunities in the Vertical Take-Off and Landing (VTOL) Uncrewed Aerial Systems (UAS) domain. Continue reading
UAV Factory Portfolio Company Acquires Jennings Aeronautics
AE Industrial Partners, LP, a US-based private equity firm specializing in aerospace, defense & government services, space, power generation, and specialty industrial markets, announced that it has expanded its Unmanned and Autonomous platform through the acquisition of Jennings Aeronautics, Inc., a provider of innovative Small Unmanned Aerial Systems. Continue reading
GA-ASI to Upgrade Italian Air Force MQ-9As to Block 5
General Atomics Aeronautical Systems Inc (GA-ASI) was awarded a USD 30.5 million contract to upgrade Aeronautica Militare Italiana (Italian Air Force, AMI) MQ-9A Predator B medium-altitude, long-endurance (MALE) unmanned aerial vehicles (UAVs) to Block 5 standard, the US Department of Defense (DoD) has announced. Continue reading
Pakistani Institution to Produce Parts for TAI Anka
One of Turkey’s leading unmanned aerial vehicles producers, Turkish Aerospace Industries, has inked a contract with Pakistan’s National Engineering and Science Commission (NESCOM) to produce components for TAI’s medium-altitude, long-endurance (MALE) combat drone, Anka. Continue reading







