Category Archives: Business News

China Expands UAV Testing and Production Capabilities

China Academy of Aerospace Aerodynamics has inaugurated a new production facility in the eastern province of Zhejiang

The China Academy of Aerospace Aerodynamics (CAAA) – the unmanned aerial vehicle (UAV) development arm of defence prime China Aerospace Science and Technology Corporation (CASC) – has expanded its domestic production capabilities with a newly commissioned automated manufacturing facility in Taizhou, Zhejiang Province, in eastern China. Continue reading →

EmbraerX and Elroy Air to Collaborate on Unmanned Air Cargo

EmbraerX, Embraer’s disruptive business subsidiary, announced its expansion into the commercial air cargo market, via a collaboration agreement with Elroy Air, at CES 2020. This collaboration will allow the companies to accelerate the unmanned air cargo market worldwide, leveraging Embraer’s 50 years of industry experience with Elroy Air’s bold new developments in autonomous aircraft systems Continue reading →

General Atomics Owner Joins Forbes 400

Neal Blue  is a brand new member of The Forbes 400. Blue, 84 (estimated net worth $4.1 billion), who as chairman and 80% owner of San Diego-based defense contractor General Atomics (his brother Linden, 83, owns the other 20%, worth another billion) first introduced the Predator drone into the skies 25 years ago to surveil Serbian forces during the Clinton administration. Continue reading →

Pierce Aerospace and DRONEDEK Team for Global Drone Deliveries

Indiana drone startups Pierce Aerospace a Remote ID UAS Service Supplier (RID-USS), and DRONEDEK LLC, a smart mailbox company, have teamed to advance commercial drone delivery. The collaboration unites Pierce Aerospace’s Remote Identification expertise and technologies and DRONEDEK’s patent portfolio in last-mile logistics, including a drone mailbox system. Continue reading →