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 →