Northrop Grumman Systems Corp., has been awarded an $89,534,733 cost-plus-fixed-fee contract to provide sustainment and engineering services in support of the MQ-4C Triton Unmanned Aircraft System. Continue reading
Category Archives: Business News
Oxford University Spin-Off Animal Dynamics acquires Accelerated Dynamics
Oxford-based unmanned aerial systems startup Animal Dynamics has acquired another UK-based company, Accelerated Dynamics, which has developed ADx, an AI platform for drone fleet management. Continue reading
Vtrus Raises $3M for Indoor Drone Inspection Tech
Seattle startup Vtrus has raised investment for a different kind of drone — one that’s designed to conduct precision inspections of industrial facilities. Continue reading
NAVAIR to Test Autonomous Cargo UAS Payload Requirement
The US Naval Air Systems Command (NAVAIR) plans to conduct an ‘Autonomous Cargo UAS (unmanned aerial system) Experiment’ to identify and evaluate proposed UAS systems’ ability to autonomously deliver payloads weighing up to 50 lb (23 kg) between ships and shore locations. Continue reading
UAV Factory Supplies UAVs to National Armed Forces of Latvia
Latvian National Armed Forces will acquire unmanned aerial vehicles based on the agreement signed between the Ministry of Defense and the high technology company UAV FACTORY. Continue reading
Maynooth University and Intel Ireland Sign MoU to Partner on Research and Innovation
L-R: Killian Donnelly, graduate and senior product design engineer at Intel, software developer student Tzirath Perez, Eamonn Sinnott, General Manager of Intel Ireland, Maynooth University President, Professor Philip Nolan and Dr Alison Hood, Dean of Teaching and Learning
Maynooth University and Intel Ireland have signed a Memorandum of Understanding (MoU) to establish a strategic partnership for research and innovation, and to nurture future talent. Building on already strong relationships between Intel and Maynooth, the MoU will establish a more comprehensive and structured format for creative collaborations in key areas of research. Continue reading
FlytBase & Skysense Partner to Bring Automated Drone-in-a-Box Solution
FlytBase, Inc. and Skysense, Inc. have just announced a partnership to bring fully-automated, low-cost drone-in-a-box solution to the market and help customers scale their commercial drone deployments. Continue reading
Kratos Acquires Florida Turbine Technologies
Kratos Mako Unmanned Tactical Aerial Platform (UTAP-22)
Kratos Defense & Security Solutions, Inc. announced that it has acquired an 80.1% interest in Florida Turbine Technologies, Inc. and FTT Core, LLC (collectively “FTT”), a leading technology company and innovation leader in advanced turbine engines, for $60 million, consisting of $33 million in cash and $27 million in Kratos common stock. Kratos has an option to acquire the remaining 19.9% of FTT at a future date. Continue reading