The European Space Agency (ESA) has funded Ampyx Power, developer of a next-generation wind energy technology, and Omnisense, developer of locating and tracking solutions, to develop a robust fail-safe navigation system. Continue reading
Category Archives: Business News
Stealth Air Taxi Startup Drives Up Cost of UAM Engineers
A stealth-mode startup working on electric aircraft is luring engineering talent away from other urban air mobility (UAM) companies with higher salaries, according to sources within the industry. 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
AeroVironment Gets $10.7M Puma 3 AE Contract for US Navy and Marine Corps
AeroVironment, Inc. announced its receipt of a $10,677,987 firm-fixed-price contract award for Puma 3 AE systems and spares on Feb. 18, 2020 for the U.S. Navy and Marine Corps Small Tactical Unmanned Aircraft Systems (SUAS) Program. Delivery is anticipated by April 2020. Continue reading
ASYLON Gets US Air Force Research Lab Contract for Future Security Ops
ASYLON Inc., was awarded a contract from the United States Air Force Research Lab to provide the future of persistent ISR, inspection and perimeter security. This includes exploring the ability to use available water-based resources in the mission operating environment to generate power and recharge air and ground autonomous platforms, so they remain operational longer at the point of need. Continue reading
Liteye Systems Gets Another $6M Add-on CUAS Order
Containerized AUDS (C-AUDS) a Layered Counter UAS Solution to
Detect, Track, Identify and Defeat Malicious Threats
Liteye Systems, Inc, a world leader in Counter Unmanned Aerial Systems (CUAS), announced the receipt of a $6M add-on production order bringing the March & April 2020 total award to $9M. The recent award by the US Government continues a three-year span of production that delivers life-saving technology to our warfighters. Continue reading
INDOT Selects Woolpert to Integrate UAS into Operations
Woolpert has been contracted by the Indiana Department of Transportation (INDOT) to develop a strategic plan and concept of operations for Indiana’s unmanned aircraft systems (UAS) program. Continue reading