General Atomics, San Diego, California, has been awarded a $22,164,736 cost-plus-fixed-fee contract for the Demonstration Rocket for Agile Cislunar Operations (DRACO) – Track A program. Continue reading
Category Archives: Business News
UPS Flight Forward to Buy 160 eVTOL Aircraft
Through its UPS Flight Forward subsidiary the company plans to purchase electric vertical takeoff and landing (eVTOL) aircraft from Beta Technologies (BETA) as part of its innovation-driven strategy to identify new ways to help small businesses with sustainable solutions. Continue reading
Altitude Angel to Power AirHub Enterprise Solutions
Altitude Angel, a global leading UTM (Unified Traffic Management) technology provider, has been selected by Dutch drone enterprise solutions innovator AirHub to power its operations management software platform. Continue reading
GA-ASI Gets $13M US Navy Reaper Equipment Contract
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $13,068,808 modification (P00001) to a previously awarded firm-fixed-price contract (N0001920C0031). Continue reading
Velodyne Lidar Announces Multi-Year Agreement with AGM Systems Russia
AGM-MS3 from AGM Systems is equipped with Velodyne’s Ultra Puck lidar sensor
Velodyne Lidar, Inc. has announced a multi-year agreement with AGM Systems LLC, which provides state-of-the-art hardware and software technology for the collection, processing and analysis of air and mobile mapping data. AGM Systems will utilize Velodyne’s Ultra Puck lidar sensor in their new AGM-MS3 Unmanned Aerial Vehicle (UAV) mapping solution. Continue reading
Agritech Startup XAG Seeks Domestic Listing After $46 Million Fundraising
XAG Co. Ltd., a Chinese manufacturer of agricultural drones and robots, is planning an initial public offering on its home market shortly after securing 300 million yuan ($46 million) of funding. Continue reading
AeroVironment Gets $11M NATO Puma 3 AE Orders
AeroVironment, Inc. has announced its receipt of four firm-fixed-price orders totaling $11,527,074 from the NATO Support and Procurement Agency (NSPA) for Puma 3 AE tactical UAS and initial spares packages. Continue reading
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