Chinese drone giant SZ DJI Technology has been making sweeping cuts to its global sales and marketing teams as it faces coronavirus headwinds and mounting political pressure in key markets, current and former staff told Reuters. Continue reading
Category Archives: Business News
GA-ASI Gets $189M Belgium MQ-9B SkyGuardian Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a not-to-exceed $188,866,819 undefinitized contract action for Belgium MQ-9B SkyGuardian procurement. Continue reading
CACI Acquires Ascent Vision Technologies
CACI International Inc announced that it has acquired Ascent Vision Technologies, LLC (AVT), a provider of technology and solutions that support multi-domain intelligence, surveillance, and reconnaissance (ISR), unmanned aircraft system (UAS), air defense, and counter-unmanned aircraft system (c-UAS) operations. Continue reading
Liteye Systems Joins Inc. 5000 Revenue Growth List
Inc. magazine revealed that Liteye Systems, Inc. is No. 1513 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. Continue reading
Northrop Grumman Gets Triton Net Enabled Weapons Support Award from US Navy
The US Department of the Navy plans to award Northrop Grumman’s aerospace systems business a delivery order to provide analysis support for demonstration activities involving the MQ-4C Triton unmanned aerial system. Continue reading
Terra Drone Invests in Skytools to Establish Drone Hub in Rotterdam
Terra Drone invests in Dutch Drone Solution provider Skytools to offer corporate and government clients with advanced drone solutions. The companies will together establish a strong drone hub in Rotterdam consisting of Training facilities and Research & Development centers. Continue reading
Taiwan Negotiating 4 SeaGuardian Surveillance Drones
The United States is negotiating the sale of at least four sophisticated aerial drones to Taiwan for the first time, according to six U.S. sources familiar with the negotiations, aircraft that can keep watch over huge swathes of sea and land. Continue reading
Volansi Announces Drone Cargo Deliveries in North Carolina
Volansi, Inc., the California-based cargo drone delivery service provider developing autonomous VTOL UAVs, has announced it has signed a teaming agreement with the N.C. Department of Transportation to begin commercial, middle-mile drone delivery projects in North Carolina. Continue reading







