Unifly NV, a provider of unmanned traffic management (UTM) software for drone enablement, has completed a €17m Series B capital raise bringing in investors including Deutsche Flugsicherung (DFS – the national air traffic control authority of Germany) and FPIM (sovereign wealth fund of Belgium). Continue reading
Category Archives: Business News
Raytheon and Northrop Grumman Boost Karem’s FARA Bid
Karem Aircraft’s Future Attack Reconnaissance Aircraft (FARA) competitive prototype bid has received a big boost, with the addition of Northrop Grumman and Raytheon to its team. Continue reading
SkySkopes in Frost & Sullivan Top 5
In a first-of-its-kind assessment, Frost & Sullivan has recently evaluated the 22 top DSPs around the globe based on their growth performance and ability to innovate. Of these 22 companies, only 5 fell into the “sweet spot” range on the Frost Radar which exhibits the optimal mix of growth and innovation. Continue reading
GA-ASI Gets $80M US Army Gray Eagle Support Contract
General Atomics Aeronautical Systems Inc., Poway, California, was awarded an $80,052,248 cost-plus-fixed-fee contract for contractor logistics support for the Gray Eagle Block 0 Unmanned Aircraft System. Continue reading
Heliguy Wins Part of Network Rail UAS Service Contract Worth up to £2.6M
Heliguy, a UK drone provider, has been awarded a major nationwide contract with Network Rail, as part of an Unmanned Aircraft Services framework worth up to £2.6million. Continue reading
Aeronautics Gets $8M Orbiter 3 Deal
Israeli defense company Aeronautics announced a deal worth $8 million to sell their advanced Orbiter 3 drone to an unnamed country. Continue reading
US Navy Awards Insitu $390M RQ-21A Contract
The Navy last week announced a contract award to Boeing Insitu worth up to $390 million for the RQ-21A Blackjack unmanned air vehicle. Continue reading
AirMap and CerbAir to Collaborate on Counter UAS Integration
CerbAir, a European manufacturer of Counter-Unmanned Aerial Systems (C-UAS) solutions, and AirMap, a global airspace intelligence platform for drones, have announced their collaboration to provide integrated, comprehensive solutions for low-altitude airspace safety and security. Continue reading







