Skyports, a global player in owning and operating vertiport infrastructure and flying electric drones, announced that ACS Group, one of the world’s foremost infrastructure and construction companies, has made a substantial equity investment in Skyports, to become the largest investor in the company. Continue reading
Category Archives: Business News
Embention Partners with Amazon Prime Air
Embention has signed a strategic agreement with Amazon.com, Inc. to support Amazon’s drone delivery program, Prime Air. Continue reading
HyLight Raises $4M for Hydrogen-Powered Airship Drones
HyLight, an innovative provider of aerial inspection utilising hydrogen airship drones, has achieved a significant milestone with the completion of a fundraising round, securing €3.7 million ($4 million). Continue reading
Insitu Gets $84M US Navy Contract Extension
Insitu Inc., Bingen, Washington, is awarded a firm-fixed price, not-to-exceed $84,468,841 modification (P00006) to a previously awarded indefinite-delivery/indefinite-quantity contract (N0001922D0038). Continue reading
Israel’s BlueBird Aero Systems to Open Drone Production Site in Morocco
Israel’s BlueBird Aero Systems, which specializes in the design, development, and production of Tactical Unmanned Aerial Systems (UAS) and peripheral equipment will open a drone production site in Morocco. Continue reading
General Atomics Gets $174M US Air Force MQ-9A Upgrade Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a not-to-exceed $173,568,509 definitized contract action for capability upgrades to four MQ-9A unmanned air vehicles and two ground control stations, as well as support equipment, spares, and upgrade kits Continue reading
Red Cat Integrates Teal 2 Drones with Ocean Power Technologies Maritime Surveillance Solution
Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announces a partnership with Ocean Power Technologies, Inc. a supplier of innovative and cost-effective low-carbon marine power, data, and service solutions. Continue reading
Insitu Celebrates its 30 Years
Insitu, A Boeing Company, announces its 30th anniversary this week at The Navy League’s Sea-Air-Space Conference & Exhibition in National Harbor, Maryland. Continue reading