Israel Aerospace Industries (IAI) signed two deals, one to sell and one to lease two Heron MKII UAV systems to a central Asian country. The deal is valued at tens of millions of dollars. The systems include reconnaissance payloads, Heron MK II drones and land arrays. Continue reading
Category Archives: Business News
UK Launches RAF’s £30M ‘Loyal Wingman’ Programme
The UK’s first fleet of uncrewed fighter aircraft is one step closer to reality following a £30-million contract to design and manufacture a prototype in a three-year deal supporting more than 100 jobs in Belfast. Continue reading
SkyX Aerial Intelligence Forms a Customer Advisory Board
SkyX, a supplier of aerial intelligence with fully-autonomous long-range solutions, has announced the launch of its first Customer Advisory Board. The Board includes distinguished industry leaders whose focus will be to shape and guide SkyX’s strategy, go-to-market priorities and product offerings. Continue reading
Skyports Partners with Swoop Aero for UK Drone Delivery Service
Drone delivery service provider, Skyports, has partnered with Australian drone-powered health logistics company, Swoop Aero, to provide a UK-wide drone delivery service. Continue reading
Archer Partners with Fiat Chrysler for Volume eVTOL Production
Archer and Fiat Chrysler Automobiles (FCA) announced that they have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. Continue reading
Parrot to Supply ANAFI USA Drones to French Armed Forces
Sagetech Avionics Gets US Air Force AFWERX Contract
Sagetech Avionics announced that it has received a U.S. Air Force Small Business Technology Transfer (STTR) contract for the initial development phase of components for a type-certifiable detect-and-avoid (DAA) system. The resulting system will enable UAS to safety operate beyond visual line-of-sight (BVLOS) in the National Airspace System (NAS). Continue reading
AeroVironment to Acquire Arcturus UAV
AeroVironment, Inc. and Arcturus UAV, Inc., a privately-held provider of Group 2 and 3 unmanned aircraft systems (UAS) and services, announced that they have entered into a definitive agreement under which AeroVironment will acquire Arcturus UAV for a total purchase price of $405 million, including $355 million in cash and $50 million in AeroVironment stock. Continue reading







