Category Archives: Business News

Is DJI Throttling Supply to Hong Kong Stores?

DJI Hong Kong Store

Before the rest of the world got its first taste of the Phantom or the Mavic Pro, Hong Kong was home to the team that went on to create some of DJI’s biggest hits. Founded in 2006 by a model plane enthusiast studying at a university in the city, DJI spent years developing the components behind its popular drones with the help of a local professor. Continue reading →

FLIR Wins $20.6 M US Army Contract for Black Hornet Nano-UAV Systems

FLIR Systems, Inc. announced that it has won an additional $20.6 million contract from the U.S. Army to deliver its FLIR Black Hornet 3 Personal Reconnaissance Systems (PRS). The advanced nano-unmanned aerial vehicles (UAVs) will support platoon- and small unit-level surveillance and reconnaissance capabilities as part of the Army’s Soldier Borne Sensor (SBS) program. Continue reading →

Intelligent Energy Partners with Robotic Skies for Fuel Cell Products Support

Intelligent Energy, the UK fuel cell engineering business, announced that it signed a memorandum of understanding (MOU) with US-based UAV maintenance, repair, and overhaul services provider, Robotic Skies. The partnership enables Intelligent Energy to expand post-sale support for its industry-leading Fuel Cell Power Modules. Continue reading →

Israel to Lease IAI Heron to Greece for Border Defence

Defence relations between the State of Israel and Greece have been strengthened: Defence Ministry Director General, Maj. Gen. (Res.) Udi Adam and General Director for Defence Investments and Armament – Lieutenant General (Ret.) Theodoros Lagios (HAF), have signed the first agreement between their respective ministries to lease the Israeli Heron system developed by Israel Aerospace Industries (IAI). Continue reading →