Category Archives: Business News

SkyScape Industries Acquired by American Aerospace

American Aerospace Technologies, Inc. (AATI), a provider of real-time remote sensing and airborne intelligence services for enterprise, announced that it has signed a definitive agreement to acquire Sky Scape Industries, LLC (SSI) an industry leading unmanned technology service-provider. SSI’s services are widely used by critical infrastructure operators in the electric, water, and oil & gas industries. Continue reading

€ 250M Drone Order for Piaggio Aerospace On Hold

Italian Defense Minister Elisabetta Trenta announced last week that she has decided to postpone the planned € 250 million purchase of eight P.1HH drones produced by Piaggio Aerospace, Italy’s only manufacturer of large drones. Part of the funding, around 70 million euro, was due to finalizing the development and certification process of the programme.

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