Swift Tactical Systems, a subsidiary of Swift Engineering, and Silvus Technologies have entered into a strategic alliance. This collaboration combines Swift’s world-class unmanned aircraft systems with Silvus’ advanced MIMO communication systems for tactical applications. Continue reading
Category Archives: Business News
AEgis Acquires sUAS Manufacturer EMRC Heli
AEgis Technologies Group has acquired small unmanned aerial systems manufacturer EMRC Heli for an undisclosed amount. Continue reading
Parrot to Manufacture Short Range Reconnaissance Drone Prototypes for US Military
In the final steps of the United States Army’s Short Range Reconnaissance drone program, Parrot will participate in an operational assessment to support an Army production award decision. In anticipation of an increased demand signal from the Department of Defense, Parrot will start manufacturing prototypes of its dedicated drone in the United States of America. Continue reading
KDDI and LG Uplus to Launch CIRC’s Drone G6.0 and Smart-Drone Platform in Japan and South Korea
In summer 2020, KDDI Corporation and LG Uplus will launch Coretronic Intelligent Robotics Corporation‘s G6.0, a drone compatible with smart drone platforms, in Japan and South Korea. Continue reading
ESA Funds Safe Drone Navigation Project
The European Space Agency (ESA) has funded Ampyx Power, developer of a next-generation wind energy technology, and Omnisense, developer of locating and tracking solutions, to develop a robust fail-safe navigation system. Continue reading
Stealth Air Taxi Startup Drives Up Cost of UAM Engineers
A stealth-mode startup working on electric aircraft is luring engineering talent away from other urban air mobility (UAM) companies with higher salaries, according to sources within the industry. Continue reading
Commercial Drone Market to Hit 2.9M Units by 2023, says Frost & Sullivan
Frost & Sullivan’s recent analysis, Global Commercial UAS Market Outlook, 2020, finds that the industry is transitioning from a nascent to a growth stage. With the surge in demand for commercial drones by the professional segment, unit shipment is estimated to rise at a compound annual growth rate (CAGR) of 4.5%, reaching 2.91 million units by 2023 from 2.44 million units in 2019. Continue reading
AirMap and Aiviewgroup Partner to Deliver Enterprises an Integrated Drone Intelligence Platform
AirMap, a digital airspace and automation company serving the drone economy, and Aiviewgroup, the Italian aerial intelligence company, are partnering to deliver drone operations management solutions to the enterprise market. The companies will integrate AirMap’s airspace intelligence and operations management tools with Aiviewgroup’s aerial inspection and fleet management solutions. Continue reading






