Category Archives: Business News

Elistair Opens North American Office in Boston

Elistair Orion

Elistair, the tethered drone manufacturer has announced the opening of their first North American office in Boston, USA. This is a move that will allow the company to support its rapid growth in the US and Canadian markets and offer local support to customers and partners. Continue reading

Kratos Gets $950M IDIQ Contract for US Air Force Advanced Battle Management System (ABMS)

Joint All-Domain Command and Control Campaign

Kratos Defense & Security Solutions, Inc. announced that it has been awarded a $950,000,000 ceiling indefinite-delivery/indefinite-quantity contract for the maturation, demonstration and proliferation of capability across platforms and domains, leveraging open systems design, modern software and algorithm development in order to enable Joint All Domain Command and Control (JADC2). Continue reading

Matternet Partners with Japan Airlines

Matternet announced that it is expanding operations to Asia through a new business partnership with Japan Airlines (JAL). The partnership is to deploy the Matternet M2 drone system in Tokyo Metropolitan Government’s new “drone logistics business development project”, and utilize the system to assess drone delivery opportunities in Japan. Continue reading

Vertical Aerospace Gets £2.3M Government Funding for Smart Charger

Vertical Aerospace has received investment from the UK Government, through the Aerospace Technology Institute (ATI) Programme, to fund the development of a smart charger for their electric aircraft. The charger will increase Vertical’s in-flight performance and safety for their recently unveiled passenger model, VA-1X. Continue reading

Northrop Grumman Gets $9M US Navy Triton Retrofit Contract

US Navy MQ-4C Triton taxis at Andersen Air Force Base on April 29, 2020

Northrop Grumman Systems Corp., San Diego, California, is awarded a $9,018,804 firm-fixed-price modification (P00023) to previously awarded fixed-price-incentive-successive-target contract N00019-17-C-0018. Continue reading

Israel Aerospace Industries Acquires 50% of BlueBird Aero Systems

Left to Right: Nimrod Sheffer, IAI CEO & President and Ronen Nadir, CEO of BlueBird Aero Systems

Israel Aerospace Industries Ltd. (IAI) has signed an agreement to acquire 50% of the equity of BlueBird Aero Systems. Bluebird, a UAS developer and integrator in the small tactical arena, has been providing its solutions to Israeli forces and worldwide customers for close to two decades. Continue reading

GA-ASI Gets $13.5M Upgrade Contract for Air National Guard

Predator B Block 5 Guardian

General Atomics Aeronautical Systems, Inc. (GA-ASI) has been awarded a $13.5 million contract to upgrade MQ-9 Block 1 and Block 5 Remotely Piloted Aircraft for the Air National Guard (ANG). The procurement includes Generator Power Distribution Modules (GPDM) and kits to integrate the Beyond Line of Sight (BLOS) pod, LITENING pod and other mission payloads. Continue reading

Aerodyne Partners with Al-Babtain LeBlanc on Middle East Drone Inspections

Aerodyne Group, a Malaysia-headquartered international DT3 (Drone Tech, Data Tech, and Digital Transformation) solutions provider and Al-Babtain LeBlanc, a Middle East-based system integrator and provider of telecom, security, power, and mobility infrastructure, are joining forces to collaborate on the development of drone solutions for telecommunication, defense, and security sectors. Continue reading