Red Cat Holdings, Inc.has announced the signing of a definitive agreement to acquire Skypersonic, Inc., a provider of drone products and software solutions that enable drone inspection flights that can be executed by pilots anywhere in the world. Continue reading
Category Archives: Business News
New Order for Kaman K-MAX Helicopter
Kaman Air Vehicles, a division of Kaman Corporation, announced the receipt of a signed purchase agreement for a K-MAX medium-to-heavy lift helicopter. Delivery of this aircraft is expected in the first quarter of 2021 and follows the delivery of two aircraft in the fourth quarter of 2020. Continue reading
French Army Orders More NOVADEM NX70 Drones
Aix-en-Provence-based NOVADEM, has received at the end of 2020, from the France’s Defence Procurement Agency (DGA) a new order for about fifty more micro-drones NX70. Continue reading
GA-ASI Gets $9M DARPA Longshot Contract
General Atomics Aeronautical Systems Inc. Poway, California, was awarded a $9,037,064 cost-plus-fixed-fee contract for the Longshot Phase One. Continue reading
Northrop Grumman Gets DARPA Longshot Contract
Northrop Grumman Corporation has been awarded a contract by the U.S. Defense Advanced Research Project Agency (DARPA) Tactical Technology Office (TTO) to develop an advanced technology weapon concept designed to significantly increase engagement range and weapon effectiveness of U.S. Forces against adversary air threats. Continue reading
Airbus Survey Copter to Supply Aliaca Fixed-Wing UAV to French Navy
Airbus Defence and Space mini UAS subsidiary SURVEY Copter signed a contract with French DGA Armament general directorate to provide the French Navy with 11 systems, (22 aircraft), of the electrically powered fixed-wing Aliaca maritime version UAS (officially called SMDM / “Systèmes de Mini Drones aériens embarqués pour la Marine” by French authorities), including training and integrated logistic support. Continue reading
Urban Air Mobility Company Archer to List on NYSE
Archer, an Urban Air Mobility company and developer of all-electric vertical take-off and landing (“eVTOL”) aircraft, and Atlas Crest Investment Corp. , a special purpose acquisition company, have announced they have entered into a definitive agreement for a business combination that would result in Archer becoming a publicly listed company. It is anticipated that the post-closing company, Archer, will be listed on the NYSE with ticker symbol “ACHR.” Continue reading
DroneShield Partners with M2K Technologies to Bring Anti-Drone Systems to India
DroneShield Ltd, a supplier of drone detection and mitigation systems, and M2K Technologies, part of M2K Group with business interests in Defence & Aviation, Biologicals, Real Estate and Entertainment, have entered into an Agreement to collaborate and distribute DroneShield solutions in the Indian market. Continue reading







