Category Archives: Business News

Pipistrel Accepting Orders for eVTOL Cargo Drones

Pipistrel, a pioneer of Type Certified electric aviation, is presenting the Nuuva V300 as the flagship model of the Nuuva series of unmanned air vehicles (UAV). This one‑of‑a‑kind aircraft embodies our vision to disrupt aerial cargo transportation by commercializing the use of electrical vertical take-off and landing (eVTOL) vehicles. Continue reading

Citadel Defense Wins $12M US DoD Anti COTS Drones Contract

The U.S. Government and Department of Defense has awarded Citadel Defense a $12.2M contract to defeat enemy drones on the battlefield and at covered locations in the United States. The decision to purchase Titan systems was made after extensive U.S. Government evaluation that assessed more than a dozen other counter drone solutions. Continue reading

GA-ASI Selects 18 Businesses to Participate in Virtual Blue Magic Belgium

As part of the second annual “Blue Magic Belgium” industry engagement event hosted by General Atomics Aeronautical Systems, Inc. (GA‑ASI), 18 Belgium-based companies have been selected to present their ideas and cutting-edge capabilities to a panel of GA-ASI technical experts. Continue reading

US Army Awards $30M Air Launched Effects Agreements

The U.S Army Contracting Command-Redstone Aviation and Missile Technology Consortium (AMTC) Other Transaction Authority (OTA) Branch awarded ten Air Launched Effects (ALE) Projects totaling $29.75 million in support of the Program Executive Office, Aviation’s Unmanned Aircraft System Project Office and Army Future Command’s Future Vertical Lift Cross Functional Team (FVL CFT). Continue reading

PrecisionHawk Sued for Breach of Contract and Unfair and Deceptive Trade Practices

PrecisionHawk has been sued for nine breaches of contract and for unfair and deceptive trade practices. The lawsuit was filed earlier this month in Wake County, North Carolina Superior Court by the law firm of Thomas K. Lindgren, on behalf of the plaintiffs, JP Business Group and Terravative. Continue reading