Northrop Grumman Systems Corp., San Diego, California, is awarded a $22,320,161 modification (P00006) to previously awarded cost-plus-fixed-fee contract N00019-20-C-0025. Continue reading
Category Archives: Business News
Flyability Raises $11M in Series B Funding
Flyability has announced the closing of its 11M USD Series B, bringing the total amount raised by the company to 16M USD since its founding in 2014. Continue reading
GA-ASI Gets $305 M USAF MQ-9 Support Contract
General Atomics Inc., Poway, California, has been awarded a $305,188,639 cost-plus-fixed-fee contract for Reaper (MQ-9) contractor logistics support. Continue reading
Iris Automation Closes $13M Series B Financing
Iris Automation has closed a successful round of $13 million in Series B venture capital funding. Founded in 2015, Iris Automation is a computer vision technology company pioneering the development of advanced detection systems used to help provide Detect-and-Avoid (DAA) capabilities that enable safe commercial drone operations including scalable Beyond Visual Line of Sight (BVLOS) missions. Continue reading
Robotic Skies Raises New Investment to Grow Drone Support Services
Robotic Skies, Inc, the global maintenance marketplace for commercial Unmanned Aircraft Systems (UAS), announced a new round of funding to support continued growth and technology development. Continue reading
Four Additional Schiebel Camcopter S-100 VTOL UAVs for French Navy
Naval Group, on behalf of the French Navy, has accepted for operational use two further CAMCOPTER S-100 Unmanned Aerial Systems with a total of four Unmanned Air Vehicles. Continue reading
DHL Malaysia and Aerodyne Partner on Drone Delivery Services
Front (from L-R): Kamarul A Muhamed (Aerodyne Group Founder and Group CEO), Julian Neo (Managing Director, DHL Express Malaysia) & Brunei
Back (from L-R) Azita Azizan (Aerodyne Group, Executive Director), Amir Zakwan (Aerodyne Group, Chief Strategy Officer), Zulhusni Mokhti (Aerodyne Group, SVP Solutions & Business Development), Derek Tully (DHL Express, VP Operations)
DHL Express has inked a joint agreement with Aerodyne Group in Malaysia to assess the commercial viability of drone technology and develop business models for its use in life sciences and maritime supply chains. Continue reading
Eurodrone Gets Go Ahead in Advance of 2021 Contract
Europe’s joint project to produce a medium-altitude, long-endurance remotely piloted air system (MALE RPAS) is on track for contract signature early next year, having recently cleared two key milestones. Continue reading