Category Archives: Business News

Anduril Industries Acquires Area-I

Area-I’s ALTIUS 600

Defense technology company Anduril Industries announced that it has acquired Area-I, a company that specializes in air launched effects (ALEs). The acquisition expands Anduril’s portfolio of unmanned aerial systems, creates new opportunities for its software-defined capabilities such as mission autonomy and intelligent teaming and significantly accelerates the company’s strategic growth. Continue reading

Schiebel Gets New EMSA Contract

Schiebel has won another significant contract with the European Maritime Safety Agency (EMSA). Schiebel, with its CAMCOPTER S-100, is yet again one of the service providers for EMSA’s Remotely Piloted Aircraft System (RPAS) operations carrying out ship emission monitoring and general maritime surveillance for EU member states. Continue reading

Orbital UAV Signs New Contract with Textron / Lycoming

Aerosonde HQ at the US Army’s FTUAS Rodeo in February 2021

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

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