Category Archives: Business News

AnsuR and UAV Navigation Enable UAV Satellite Video Streaming

One of the most important features of an unmanned aerial system is the ability to provide visual information from cameras to support mission critical decisions. One of the most common uses of UAVs is their application in ISR missions because they can take pictures and send video from a privileged position of remote locations. Continue reading →

AeroVironment Completes Acquisition of Telerob

AeroVironment, Inc. announced that it was granted clearance from the German government and completed the previously announced acquisition of Telerob Gesellschaft für Fernhantierungstechnik mbH (Telerob), in a $45.4 million (€37.5 million) cash transaction and the pay-off of approximately $9.4 million (€7.8 million) in Telerob’s debt at closing. Telerob now operates as a wholly-owned subsidiary of AeroVironment. Continue reading →

Astro Aerospace to Acquire Horizon Aircraft

Horizon Cavorite X5 eVTOL

Astro Aerospace Ltd., a developer of eVTOL aerial vehicles and drones, and Horizon Aircraft Inc., a developer of advanced eVTOLs, have entered into an agreement under which Astro will acquire privately held Horizon for five million common shares of Astro stock, the material terms of which are disclosed in the Company’s related 8-K filing. Continue reading →