TruWeather Solutions, Inc., a micro weather data and analytics company successfully raised a Series Seed investment from Kluz Ventures, through its The Flying Object and The Next Impact funds. Continue reading
Category Archives: Business News
Jordan Sells Off Chinese UAVs
The Royal Jordanian Air Force (RJAF) has put its Chinese-made armed unmanned aerial vehicles (UAVs) up for sale, indicating its disappointment with their performance. Continue reading
Drone Delivery Canada Partners with Air Canada Cargo
Drone Delivery Canada Corp. has announced that it has entered into an agreement with Air Canada effective May 29, 2019 whereby Air Canada Cargo will market and sell DDC’s drone delivery services in Canada using Air Canada Cargo’s marketing and sales platforms and resources. Continue reading
Insitu Cuts Global Workforce
Esina Alic, president and CEO of Insitu, speaks at a May Portland Business Journal event
Boeing drone unit Insitu, which employs about 1,000 people in the Columbia River Gorge and about 500 elsewhere, said Tuesday it is cutting its workforce due to competitive pressures and a falloff in business. Continue reading
Boeing Invests in Provider Robotic Skies
Boeing has announced its investment in Robotic Skies, a services provider that connects manufacturers and operators of commercial unmanned aircraft systems (UAS) with a global network of more than 170 civil aviation authority-certified repair stations. Continue reading
Northrop Grumman Gets $65M MQ-4C Triton Contract
Northrop Grumman Systems Corp., San Diego, California, is awarded a not-to-exceed $65,173,723 advance acquisition contract for long-lead components for the manufacture and delivery of three low-rate initial production Lot 5 M-4C Triton unmanned aircraft for the Navy (2); and the government of Australia (1). Continue reading
BAE Systems Gets $39M MQ-9 Sensor Contract
BAE Systems, Nashua, New Hampshire, has been awarded a not-to-exceed $39,459,120 undefinitized contract action for the France MQ-9 Foreign Military Sales (FMS) Sensor Pod effort. Continue reading
GA-ASI Gets $36M US Navy MQ-9 Service Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded $36,467,263 for modification P00002 to a previously awarded firm-fixed-price contract (N00019-18-C-1063). This modification provides for nine months of Group 5 unmanned air system intelligence, surveillance, and reconnaissance services. Continue reading