The Parrot Group has decided to pull the plug out of drone service supplier Airinov, because of disappointing financial results.
Category Archives: Business News
YellowScan Appoints New US Distributor
YellowScan, a supplier of UAV LiDAR Solutions, has announced a new US distribution partnership with Frontier Precision, a company that has been dedicated to its clients for more than 30 years. Continue reading
Kratos Places Engine Orders Ahead of First XQ-58A Valkyrie Production Contracts
Kratos Defense and Security Solutions has begun placing engine orders in anticipation of receiving first series production contracts for its XQ-58A Valkyrie unmanned combat air system (UCAS) before the end of 2019. Continue reading
Ascent Vision Technologies Gets $23M USAF CUAS Contract
Ascent Vision Technologies (AVT) was recently awarded a contract to deliver a full suite of counter drone vehicles to the U.S. Air Force. This unique capability, known as the eXpeditionary Mobile Air Defense Integrated System or X-MADIS, was selected by the Air Force after 18 months of testing, trials and evaluation across multiple military services and operational spectrums. The total contract value exceeds US$23mm and deliveries will begin later this year. Continue reading
GA-ASI Gets $22M US Army Gray Eagle Support Contract
General Atomics Aeronautical System Inc., Poway, California, was awarded a $21,742,996 modification (00005P) to contract W58RGZ-18-C-0037 for MQ-1C Gray Eagle extended range aircraft unique initial spares and ground support equipment. Continue reading
Kespry and DroneBase Partner to Expand Bring Your Own Drone Program
Kespry, a drone-based aerial intelligence solution provider, and DroneBase, a global drone services company, have announced a partnership to enable insurance, mining, and aggregates enterprises across North America to expand aerial analytics implementation across their worksites. Continue reading
Bolivia to Buy Drones from Iran
Iranian designed Ababil II
Bolivia is set to procure unmanned aircraft systems (UAS) from Iran following a meeting between high-ranking government officials from both countries on 23 July. Continue reading
UPS Forms Subsidiary Drone Delivery Unit
UPS said it has applied to the U.S. Federal Aviation Administration (FAA) for Part 135 certification to operate commercial drone flights in the UPS network under a subsidiary business called UPS Flight Forward, Inc. Continue reading