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
Category Archives: Business News
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
Draganfly Announces Global Dealer Network
Quantix Mapper
Draganfly Inc. has announced the launching of its global dealer network for sales and service of Draganfly technology solutions including its secure, North American made drones. Continue reading
Moog’s Gauntlet Defends Kennedy Space Center
Moog Inc. Space and Defense Group has announced its support of NASA drone detection trials in the Federal Aviation Administration (FAA) restricted airspace around launch pads 39A and B of Kennedy Space Center. Continue reading
QinetiQ Australia to Design and Construct Queensland UAS Flight Test Range
QinetiQ Australia has been awarded a contract to design and construct a $14.5 million unmanned aerial systems (UAS) flight test range (FTR) on behalf of the Queensland Government. Continue reading