General Atomics Aeronautical Systems, Inc. (GA-ASI) announced that it has teamed with five Belgium-based businesses as part of an industrial collaboration effort with the Belgian aerospace and defense industry. Team SkyGuardian Belgium includes GA-ASI, SABCA, Thales Belgium, Esterline, DronePort, and satellite communication technology company Newtec. Continue reading
Category Archives: Business News
Drone Aviation Gets $3.8M Govt Award and $2M Funding
Drone Aviation Holding Corp., a manufacturer of tethered drones and lighter-than-air aerostats announced that it was selected by a prime contractor under an initial $3.8 million award. Additionally, the Company has solidified its cash position with the closing of an initial $2 million in equity capital to support the recently awarded contract.
Israel’s Flytrex Closes $7.5M Funding Round
Israeli drone logistics startup Flytrex, which specializes in food and consumer good deliveries via unmanned aircraft systems, has raised $7.5 million in a series B funding round led by Benhamou Global Ventures, with additional investment from Btov. The investment follows a $3 million Series A funding round in June 2017, bringing the company’s total raised to $10.5 million. Continue reading
Suntuity AirWorks Acquires BirdsiVideo
Suntuity AirWorks has announced the acquisition of BirdsiVideo and Osprey Assessments, two of the largest UAS dealer and services networks across the United States. Continue reading
Ukraine Orders Turkish UCAVs
Ukraine’s state-owned defense exports and industry agency Ukrspecexport signed a contract for the procurement of six Bayraktar TB2 unmanned combat aerial vehicles from the Turkish company Baykar Makina. Continue reading
Airlander Awarded Production Organisation Approval
As 2018 came to a close, the Civil Aviation Authority (CAA) awarded Hybrid Air Vehicles Ltd a Production Organisation Approval. Following the successful award of our Design Organisation Approval from the European Aviation Safety Agency (EASA) in October 2018, this latest achievement sees HAV starting 2019 in a strong position to launch production. Continue reading
Aeronautics Gets $232M Buyout Offer
Israel’s state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero have offered to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($232 million). Continue reading
Elbit Systems Sells SkyStriker to Azerbaijan
Elbit Systems has sold Azerbaijan its latest unmanned aerial vehicle which is capable of long-range precise tactical kamikaze strikes, The Jerusalem Post has learned. Continue reading






