Category Archives: Business News

France Accelerates UAV Procurement for French Navy

French Navy’s future tactical VTOL drone system

As part of a larger potential recovery plan to help the French aerospace industry cope with the current economic crisis, the French ministry of the Armed Forces announced on its Twitter account that the procurement of rotary and fixed-wing unmanned aerial vehicles (UAV) for the French Navy will be made ahead of schedule. Continue reading →

IAI to Acquire Bluebird for $29M

Israel Aerospace Industries (IAI) is in advanced negotiations to acquire Israeli drone manufacturer Bluebird Aero Systems Ltd. at a valuation of NIS 100 million (approximately $29 million), according to people with knowledge of the deal who spoke to Calcalist under the condition of anonymity. Continue reading →

AeroVironment Gets NATO $80M Potential Contract

Puma 3AE

AeroVironment, Inc.  announced its receipt of two firm-fixed-price orders totalling $9,804,448 from the NATO Support and Procurement Agency (NSPA). The orders, received on March 5, 2020 and April 16, 2020, encompass the procurement of Raven and Puma 3 AE tactical UAS and spares. Delivery for the first order is anticipated by August 2020 and the second order by October 2020. Continue reading →

WiBotic Secures $5.7M Series A Financing Round

WiBotic, a Seattle company that specializes in advanced wireless charging and power optimization solutions for the rapidly expanding ecosystem of aerial, mobile and marine robots, announced that it has secured $5.7 million in Series A funding. Investors include Junson Capital, SV Tech Ventures, Rolling Bay Ventures, Aves Capital, The W Fund and WRF Capital, amongst others. Continue reading →

GA-ASI Exploits Additive Manufacturing

MQ-9B SkyGuardian

General Atomics Aeronautical Systems Inc (GA-ASI) is looking to expand the application of metal and non-metal components created using additive manufacturing (AM) processes across its unmanned aerial vehicle (UAV) product lines to seek further production efficiencies. Continue reading →

GA-ASI Acquires IJK Controls

General Atomics Aeronautical Systems, Inc. (GA-ASI) announced that it has acquired a majority of the assets of IJK Controls, including facilities and all Intellectual Property. The corresponding workforce will join GA-ASI. IJK Controls is a Pasadena, California-based provider of innovative solutions for stabilization, pointing and tracking of cameras, sensors and antennas. Continue reading →