Category Archives: Business News

Swift Tactical Systems and Silvus Technologies Form Strategic Alliance

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

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

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