The Korea Aerospace Industries Ltd. (KAI) and Elbit Systems Ltd. signed a Memorandum of Understanding (MOU) to expand cooperation in the field of Unmanned Aircraft Systems (UAS). Continue reading
Category Archives: Business News
Class Action Filed Against AgEagle Aerial Systems
Pomerantz LLP announces that a class action lawsuit has been filed against AgEagle Aerial Systems, Inc. and certain of its officers. Continue reading
Tech Firms Team on BVLOS in VLL Airspace
Latvian mobile innovator LMT and software company Dimetor have partnered to explore the integration of drones into VLL (very low level) airspace. This builds on earlier collaboration where the two companies succeeded in validating the viability of BVLOS drone flights using mobile networks. Continue reading
Arcturus UAV Gets $7M Task Order for US Special Ops
AeroVironment, Inc. announced that its wholly-owned subsidiary Arcturus UAV, now operating under the AeroVironment brand, was awarded a competitive task order valued at approximately $7 million from the U.S. Special Operations Command (USSOCOM). Continue reading
Australia to Co-Develop Additional Three Loyal Wingman Aircraft with Boeing
The Australian government announced that it has agreed with Boeing Australia to co-develop a further three Loyal Wingman aircraft to advance the air-teaming vehicle, payloads and associated support and training capabilities. Continue reading
AeroVironment Gets $5.9M Puma 3 AE Contract for Europe
AeroVironment, Inc. announced that it secured a $5,922,461 firm-fixed-price U.S. Department of Defense Foreign Military Sales (FMS) contract award on December 22, 2020 to provide Puma 3 AE tactical UAS, training and support to a European allied nation. Delivery is anticipated by April 2021. Continue reading
Axon and Skydio Bring US-Manufactured, AI-Powered Autonomous Drones to Public Safety
Axon a global supplier of connected public safety technologies, and Skydio, a U.S. drone manufacturer have announced a strategic partnership to offer Skydio’s world leading autonomous drones to law enforcement and emergency responders via Axon’s unmanned aircraft program, Axon Air. Continue reading
American Aerospace to Integrate Sagetech Avionics Detect and Avoid System
Sagetech Avionics, an aerospace technology company providing situational awareness solutions for Unmanned Aerial Systems, and American Aerospace ISR (AA ISR) have signed a Memorandum of Understanding (MOU) to integrate Sagetech’s Detect and Avoid (DAA) system into the AA ISR AiRanger unmanned aircraft. Continue reading