General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $275,000,000 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for aircraft, satellite communications air data terminals, universal ground data terminals, program management, and equipment maintenance and repair. Continue reading
Category Archives: Business News
RIEGL Invests in New Office and Production Facilities
RIEGL, a manufacturer of LiDAR scanners for surveying applications headquartered in Horn, Austria, is investing heavily in the expansion of production and office space. The continued, worldwide demand for the high-performance sensors allows the company to grow and expand further. Continue reading
Involi and AirMap Collaborate to Integrate Air Traffic Awareness with UTM
Involi, an air traffic data provider for UAS and AirMap, a global airspace intelligence platform for drones, have announced their collaboration to offer a pre-integrated UTM and Air Traffic Awareness solution for safe, efficient, and scalable drone operations. Continue reading
Terra Drone Forms JV in Middle East

L.M. Murugan, Group General Manager, NDTCCS (left) with Toru Tokushige, CEO, Terra Drone Corporation (right)
Tokyo-headquartered Terra Drone Corporation, has entered into an investment agreement with NDT Corrosion Control Services Co. (NDTCCS), a leading Saudi company which has been providing nondestructive testing and inspection services in the Middle East since 1975. Continue reading
Paragon VTOL Aerospace Leverages Siemens’ Startup Program
Paragon VTOL Aerospace, a global vertical take-off and landing (VTOL) aircraft provider for numerous industries, has adopted solutions from Siemens Digital Industries Software for its product development process. Continue reading
Leonardo Plans to Absorb AWHero
Leonardo’s board of directors has approved a plan for the company to absorb its unmanned aerial vehicle manufacturing Sistemi Dinamici subsidiary into the main business line of the firm. Continue reading
Altitude Angel and Pierce Aerospace Form Alliance
Altitude Angel, a global unmanned traffic management (UTM) provider, and Pierce Aerospace, the U.S. based remote identification system supplier, have agreed to form an alliance with the goal to bring automated drone flight a step closer. Continue reading
Unifly Raises $19.3M in B-Round
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






