Category Archives: Business News

Matternet Partners with Japan Airlines

Matternet announced that it is expanding operations to Asia through a new business partnership with Japan Airlines (JAL). The partnership is to deploy the Matternet M2 drone system in Tokyo Metropolitan Government’s new “drone logistics business development project”, and utilize the system to assess drone delivery opportunities in Japan. Continue reading →

Vertical Aerospace Gets £2.3M Government Funding for Smart Charger

Vertical Aerospace has received investment from the UK Government, through the Aerospace Technology Institute (ATI) Programme, to fund the development of a smart charger for their electric aircraft. The charger will increase Vertical’s in-flight performance and safety for their recently unveiled passenger model, VA-1X. Continue reading →

Northrop Grumman Gets $9M US Navy Triton Retrofit Contract

US Navy MQ-4C Triton taxis at Andersen Air Force Base on April 29, 2020

Northrop Grumman Systems Corp., San Diego, California, is awarded a $9,018,804 firm-fixed-price modification (P00023) to previously awarded fixed-price-incentive-successive-target contract N00019-17-C-0018. Continue reading →

Israel Aerospace Industries Acquires 50% of BlueBird Aero Systems

Left to Right: Nimrod Sheffer, IAI CEO & President and Ronen Nadir, CEO of BlueBird Aero Systems

Israel Aerospace Industries Ltd. (IAI) has signed an agreement to acquire 50% of the equity of BlueBird Aero Systems. Bluebird, a UAS developer and integrator in the small tactical arena, has been providing its solutions to Israeli forces and worldwide customers for close to two decades. Continue reading →

GA-ASI Gets $13.5M Upgrade Contract for Air National Guard

Predator B Block 5 Guardian

General Atomics Aeronautical Systems, Inc. (GA-ASI) has been awarded a $13.5 million contract to upgrade MQ-9 Block 1 and Block 5 Remotely Piloted Aircraft for the Air National Guard (ANG). The procurement includes Generator Power Distribution Modules (GPDM) and kits to integrate the Beyond Line of Sight (BLOS) pod, LITENING pod and other mission payloads. Continue reading →

Aerodyne Partners with Al-Babtain LeBlanc on Middle East Drone Inspections

Aerodyne Group, a Malaysia-headquartered international DT3 (Drone Tech, Data Tech, and Digital Transformation) solutions provider and Al-Babtain LeBlanc, a Middle East-based system integrator and provider of telecom, security, power, and mobility infrastructure, are joining forces to collaborate on the development of drone solutions for telecommunication, defense, and security sectors. Continue reading →

Governor Cuomo Announces Winner of the GENIUS NY UAS Competition

Governor Andrew M. Cuomo announced Geopipe of New York City is the winner of GENIUS NY’s $1 million grand prize. The GENIUS NY program is the world’s largest business competition focused on unmanned systems, cross-connected platforms and other technology-based sectors. Continue reading →