AeroVironment, Inc. has announced it has acquired Pulse Aerospace, LLC, a developer and supplier of small VTOL UAS, for $25.7 million in cash, including milestone-based earn-out payments of $5 million. AeroVironment financed the transaction entirely from available cash on hand. Continue reading
Category Archives: Business News
DroneShield to Collaborate with Collins Aerospace
DroneShield Ltd and Collins Aerospace Systems, a unit of United Technologies have entered a Memorandum of Understanding to collaborate on opportunities with the Australian military and globally, with a focus on adding DroneShield’s counter-drone capabilities to customers already utilising the broader surveillance systems produced by Collins Aerospace. Continue reading
Silent Falcon Partners with Robotic Skies for Maintenance and Repair Support Services
Robotic Skies Inc., a global maintenance network for commercial UAS, announced that it has been selected by Silent Falcon UAS Technologies to provide its customers access to a comprehensive UAS service and support package. Continue reading
TruWeather Raises Funding for TruFliteUAS Weather-Risk Solution
TruWeather Solutions, Inc., a micro weather data and analytics company successfully raised a Series Seed investment from Kluz Ventures, through its The Flying Object and The Next Impact funds. Continue reading
Jordan Sells Off Chinese UAVs
The Royal Jordanian Air Force (RJAF) has put its Chinese-made armed unmanned aerial vehicles (UAVs) up for sale, indicating its disappointment with their performance. Continue reading
Drone Delivery Canada Partners with Air Canada Cargo
Drone Delivery Canada Corp. has announced that it has entered into an agreement with Air Canada effective May 29, 2019 whereby Air Canada Cargo will market and sell DDC’s drone delivery services in Canada using Air Canada Cargo’s marketing and sales platforms and resources. Continue reading
Insitu Cuts Global Workforce
Boeing drone unit Insitu, which employs about 1,000 people in the Columbia River Gorge and about 500 elsewhere, said Tuesday it is cutting its workforce due to competitive pressures and a falloff in business. Continue reading
Boeing Invests in Provider Robotic Skies
Boeing has announced its investment in Robotic Skies, a services provider that connects manufacturers and operators of commercial unmanned aircraft systems (UAS) with a global network of more than 170 civil aviation authority-certified repair stations. Continue reading







