The U.S. Army Program Executive Officer (PEO) for Aviation’s Project Manager, Unmanned Aircraft Systems, partnered with the Defense Innovation Unit (DIU) and the Army’s Maneuver Center of Excellence to identify and prototype new drone capabilities with commercial companies that specialize in on-demand, “eye in the sky” technologies. In this process, the U.S. Army is partnering with the Pentagon’s internal startup accelerator to adapt small commercial drones for the battlefield. Continue reading
Category Archives: Business News
US Air Force to Order InstantEye Quadcopters
The US Air Force is planning to purchase a new quadcopter drone – the InstantEye. In a May 23 announcement on the Federal Business Opportunities web site, contracting officials at Seymour Johnson Air Force Base said they plan to order the InstantEye MK-3 GEN4-D1 Unmanned Aerial System from Physical Sciences Inc..
Zipline Valued at $1.2BN After $190M Funding Round
Healthcare drone delivery startup Zipline has raised $190 million in a new round of funding, taking its valuation to over $1 billion. The new funding will be used to further expand its reach across Africa, South Asia, Southeast Asia and the Americas. Zipline operates autonomous drones across remote areas that are hard to reach by road, airlifting medicines during emergencies. Continue reading
Wingtra Raises $10M Series A Funding
The Swiss drone developer and producer, Wingtra Ltd., recently raised USD 10 million to further scale its global business. The company leads the vertical take-off and landing (VTOL) drone industry and will use the funds to further grow their global footprint and push the limits in their research and development. Continue reading
Delair Closes Belgian Production Site
US State Department Clears $80M UAE Blackjack Sale
The U.S. Department of State has approved a possible $80 million Foreign Military Sale (FMS) to the United Arab Emirates of a further batch of RQ-21A Blackjack unmanned aerial surveillance system, the Defense Security Cooperation Agency (DSCA) said in a 24 May statement. Continue reading
Bantek to Distribute Drones by US
Bantek, Inc., a distributor of products to the U.S. Government, an environmental/construction services provider and reseller of drones and drone training, today announced the signing of a distributor agreement with Drones by US. Continue reading
Dynetics to Build 100 kW Laser for US Army
The US Army’s Space and Missile Defense Command has selected a Dynetics-led team to develop an experimental 100 kW laser weapon system for its Family of Medium Tactical Vehicles (FMTV). Continue reading






