Category Archives: Business News

AgEagle Enters Commercial Drone Delivery Market

AgEagle Aerial Systems, Inc., a provider of advanced aerial imagery and data collection and analytics solutions for the sustainable agriculture, precision farming and urban green management markets, has begun to actively pursue expansion opportunities within the emerging Drone Logistics and Transportation market – a market forecasted to grow to $29 billion in the next eight years.  Continue reading

Four New Belgian Companies Join Team SkyGuardian

General Atomics Aeronautical Systems, Inc. (GA-ASI) has announced that four more Belgium-based businesses have been selected to join five previously identified companies to support the development of MQ-9B SkyGuardian RPA for Belgium. AeroSimulators Group (ASG), AIRobot, ALX Systems and Hexagon will join Team SkyGuardian, which already includes the following five Belgium companies: SABCA, Thales Belgium, Esterline, Newtec and DronePort. Continue reading

Trumbull to Scale ExxonMobil Drone Inspections

The Baton Rouge ExxonMobil complex

Houston-based, Trumbull has supported ExxonMobil since 2014 and was one of the first US companies approved for operations. Recently awarded a 5-year Unmanned Aircraft Systems (UAS) Agreement, Trumbull will expand drone data collection and inspections as part of a new contract. Continue reading

Pentagon’s Investor-Industry Matchmaking Program Will Focus on Small UAS in First Event

The Honorable Ellen M. Lord, under secretary of defense for acquisition and sustainment, meets with U.S. Army Special Operations Command personnel during the 2018 Special Operations Forces Industry Conference

The Defense Department’s effort to connect sources of capital with small companies that need investment will begin with a focus on those that design and manufacture small unmanned aerial systems, the Pentagon’s acquisition chief told reporters. Continue reading