Category Archives: Business News

France Signs Stratobus Platform Study Contract

Thales Alenia Space (the joint venture between Thales, 67% and Leonardo, 33%) and Thales have signed a contract with The French defence procurement agency DGA (Direction générale de l’armement) to carry out a concept study concerning intelligence, surveillance and reconnaissance (ISR) applications using a Stratobus type platform to meet French army operational needs. Continue reading

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