South Korean aerospace and defense firm LIG Nex1 has acquired a 20 percent stake in Microinfinity, a domestic firm that makes navigation sensor chips for unmanned aerial vehicles. Continue reading
Category Archives: Business News
UAV Navigation’s Autopilots Can Now Control Sky Power’s Engines
UAV Navigation and Sky Power have collaborated to design cutting-edge flight control solutions. The two companies recently joined hands and agreed to integrate Sky Power’s Engine into UAV Navigation’s Flight Control Solutions. Continue reading
DroneUp Acquires AeroVista Innovations
DroneUp, LLC, an end-to-end drone pilot service provider for aerial data collection, is pleased to announce that it has acquired AeroVista Innovations, LLC to provide full-service drone training to private and public sector organizations. Continue reading
US Navy Orders 3 More Boeing MQ-25 Stingray Aerial Refuelling Drones
The U.S. Navy has awarded Boeing a contract modification for three additional MQ-25 unmanned aerial refueling aircraft, bringing the total number of aircraft Boeing is manufacturing to seven. Continue reading
Drone Manufacturer Teams with Cybersecurity Expert WISeKey
WISeKey International Holding Ltd., a global cybersecurity and IoT company, announced that it has been selected by a major drone manufacturer to bring its decades of expertise in digital security into the Company’s newly designed drones. Continue reading
First Order for FLIR Black Hornet Vehicle Reconnaissance System
FLIR Systems, Inc. announced that the Norwegian Defence Research Establishment has procured one of the company’s Black Hornet Vehicle Reconnaissance Systems (VRS) as part of an innovative base protection program. The order represents the first sale of an integrated VRS system for FLIR. Continue reading
Abionica Solutions and UAV Navigation Team on UAV Certification
UAV Navigation, a Spanish company in Flight Control Systems Solutions to UAVs, has signed a collaboration Agreement with Abionica Solutions-specialized company in engineering systems, avionics and UAVs Certification areas, to achieve their customers’ systems certification. Continue reading
Korea’s Daewoo E&C Buys 30% of Local Drone Startup AstroX
Daewoo Engineering and Construction has announced that it would acquire a 30 percent stake in a local racing drone startup company, AstroX as part of its “Build Together Startups” program initiated in August last year. The details of financial terms were not disclosed. Continue reading







