Red Cat Holdings, Inc. has announced completion of the acquisition of Fat Shark Holdings, Ltd. (“Fat Shark”), the leading provider of headsets and goggles for professional FPV (First Person View) racers and drone pilots with an estimated market share of 85%. Continue reading
Category Archives: Business News
Northrop Grumman Gets $57M Supersonic Target Drone Order from US Navy
Aerial target experts at the Northrop Grumman Space Systems segment (formerly Orbital ATK) in Chandler, Arizona, are building supersonic target drones for the U.S. Navy and Army to help hone missile-defense skills — particularly against hypersonic weapons. Continue reading
US Advances $2.9Bn Reaper Sale to UAE
The U.S. State Department gave Congress notification it plans to sell 18 sophisticated armed MQ-9B aerial drones to the United Arab Emirates in a deal worth as much as $2.9 billion, people briefed on the notification said. Continue reading
US Approves Sale of MQ-9B SeaGuardian to Taiwan
The U.S. State Department has cleared the potential sale of four sophisticated U.S.-made aerial drones to Taiwan in a formal notification sent to Congress, a congressional aide said on Tuesday, the last step before finalizing a weapons sale that will further anger China. Continue reading
US Army Selects BAE Systems for Manned-Unmanned Teaming Technologies
BAE Systems has been awarded multiple contracts from the U.S. Army to develop key technologies for the Advanced Teaming Demonstration Program (A-Team). BAE Systems was the only company awarded contracts for three of the program’s four focus areas, designed to advance manned and unmanned teaming (MUM-T) capabilities that are expected to be critical components in the U.S. Army’s Future Vertical Lift (FVL) program. Continue reading
RADA Announces $20M in New Orders
RADA Electronic Industries Ltd. has announced the receipt of $20 million in accumulated new orders since mid-September 2020. Continue reading
ASTRA UTM and AirMarket Extend UTM Collaboration:
With the final selection of their group to conduct the RTM* Trials in Canada under the supervision of Transport Canada and NAV Canada, ASTRA UTM and Airmarket have announced the next phase of their ongoing UTM collaboration. Continue reading
Northrop Grumman and Airbus Team in Australia
Northrop Grumman Australia and Airbus Australia Pacific have entered into a strategic teaming agreement to cooperate in the delivery of advanced and optimised aircraft sustainment capabilities at Royal Australian Air Force (RAAF) Base Edinburgh in South Australia. Continue reading







