Schiebel further enhances its production capabilities by investing in a state-of-the-art EOS M 400-4 metal 3D printer for additive manufacturing. Continue reading
Category Archives: Business News
Orbital UAV Appointed Primary Engine Supplier to Insitu
Orbital UAV Test Cell
Orbital Corporation Ltd has announced that it has signed a Memorandum of Understanding with Insitu Inc., a wholly owned subsidiary of The Boeing Company, designating Orbital UAV as the primary supplier of two Insitu designed engines. Continue reading
Germany Extends Heron Lease for $41 M
The budget committee of the Bundestag, the German parliament, approved more than EUR36 million to ensure the continued operation of the System für die Abbildende Aufklärung in der Tiefe des EinsatzGebietes (Image Intelligence Deep in the Deployment Area, SAATEG) in Afghanistan using Heron 1 unmanned aerial systems leased from Israel until the end of May 2021. Continue reading
Skyports Gets £6m ($8m) Investment from Irelandia Aviation
Skyports, the urban air mobility infrastructure (UAM) provider and drone delivery operator, has announced an extension to its Series A funding to now total £6 million ($8 million) with investment from Irelandia Aviation. Irelandia Aviation joins existing Series A investors Deutsche Bahn Digital Ventures, Groupe ADP and Levitate Capital in the investment round. Continue reading
Volansi Hires Former Amazon PrimeAir Co-Founder as CTO
Volansi, Inc., an on-demand drone delivery service, has announced its recent hire of Daniel Buchmueller as Chief Technology Officer. Buchmueller, a pioneering force within the drone delivery industry, will spearhead engineering efforts at Volansi, as well as set the direction for the company’s future unmanned aerial vehicle (UAV) and systems technology. Continue reading
FIRST iZ Partners with Hush Aerospace on Emergency Response Drones
FIRST iZ, a patent-pending unmanned aerial system (UAS) allowing drones to be dispatched autonomously by 911 operators, announced that it has partnered with Hush Aerospace (HUSH) to design and manufacture airframes in the USA, to be used in the FIRST iZ solution. Continue reading
Wingcopter Secures Further Investment from Corecam
Only three months after its initial funding, Corecam Capital Partners has increased its investment in Wingcopter in a second closing. In December, the multi-family office from Singapore participated in a seed round with several million euros in the German start-up, which develops and sells transport drones for humanitarian and civil applications. Continue reading
Liteye & Citadel Push the Envelope for State-of-the-Art in Countering UAS Threats
Liteye Systems, Inc., a Colorado-based Counter Unmanned Aerial Systems (CUAS) manufacturer along with long-time Colorado based teammate Numerica recently worked closely with Citadel Defense, an industry-leading drone mitigation solutions provider, and together have combined technologies to provide a first -of-its-kind, world leading capability in drone defense. Continue reading