The technology multinational GMV has won a contract under the Spanish MoD’s RAPAZ program for the supply of four Class I Seeker RPAS, to be integrated into the intelligence units of the Paratrooper Brigade and the Tercio de Armada de Infantería de Marina (Marine Infantry Protection Force), thus providing them with the most advanced version of the unmanned aircraft Seeker. Continue reading
Category Archives: Business News
Ascent Vision Gets $16M in DoD Contracts for Imaging Systems
Ascent Vision Technologies (AVT) has been awarded over $16 million in contracts by a non-disclosed US DoD customer to deliver its innovative, ground-based imaging systems. Continue reading
Droniq and Sky Drone Partner on BVLOS and UTM
Frankfurt-based Droniq and Sky Drone have entered into a strategic partnership that allows Droniq to use Sky Drone’s unique technology for controlling UAS (Unmanned Aircraft Systems) remotely in real-time and without any limitation in range. Continue reading
Honeywell Forms UAS/UAM Business Unit
Honeywell has formed a new business unit dedicated to the growing Unmanned Aerial Systems and Urban Air Mobility (UAM) industries. The Unmanned Aerial Systems (UAS) business unit will continue Honeywell’s momentum and leadership in these emerging markets, utilizing Honeywell’s technology, software, services and certification expertise to meet customers’ needs in these markets. Continue reading
France Accelerates UAV Procurement for French Navy
As part of a larger potential recovery plan to help the French aerospace industry cope with the current economic crisis, the French ministry of the Armed Forces announced on its Twitter account that the procurement of rotary and fixed-wing unmanned aerial vehicles (UAV) for the French Navy will be made ahead of schedule. Continue reading
IAI to Acquire Bluebird for $29M
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
AeroVironment Gets NATO $80M Potential Contract
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






