AeroVironment, Inc. announced that it received a $13,010,560 cost-plus-fixed-fee contract order on March 24, 2021 from the U.S. Army for Switchblade 300 tactical missile systems contractor logistics support. Continue reading
Category Archives: Business News
Drone Delivery Startup Manna Raises $25M
Manna announces a $25M Series A led by Draper Esprit, with participation from Team Eurpope, DST Global, and with participation from existing investors Dynamo Ventures, Atlantic Bridge, and Elkstone. Continue reading
US State Department Approves $1.6BN MQ-9B Deal for Australia
MQ 9B Skyguardian
The US State Department has made a determination approving a possible Foreign Military Sale to the Government of Australia of MQ-9B Remotely Piloted Aircraft and related equipment for an estimated cost of $1.651 billion. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on April 23. Continue reading
AeroVironment Gets US Special Ops $26M Switchblade 600 Contract
AeroVironment, Inc. announced it was awarded a cost-plus-fixed-fee contract on March 31, 2021 by the United States Special Operations Command (USSOCOM) for $26,120,810 with $7,159,036 funded upon receipt. Continue reading
US State Department Approves $1.6BN Australia MQ-9B SkyGuardian Deal
The U.S. State Department on Friday approved a $1.6 billion foreign military sale of MQ-9B drones for Australia. Continue reading
Robotic Skies Gets Investment from Japan-Based DRONE FUND
Robotic Skies, Inc, the first and only maintenance marketplace for high-end commercial and industrial drones, announced an investment from Japan-based DRONE FUND to support continued growth and services development. Continue reading
Plymouth Rock Technologies Acquires Tetra Drones
Plymouth Rock Technologies Inc. has announced that it has signed a binding LOI to acquire, in whole, Tetra Drones Limited , a developer of custom-made, high-performance and niche Unmanned Aircraft Systems (UAS). Continue reading
Volatus Aerospace to Manufacture and Distribute FIXAR VTOL UAV in North America
Volatus Aerospace, an integrated provider of unmanned aircraft and drone services, will begin the manufacture of up to 1,200 units of the innovative FIXAR VTOL drone per year at its new facility at the Lake Simcoe Regional Airport in Oro, Ontario. Continue reading