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
Category Archives: Business News
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
Raytheon and Northrop Grumman Boost Karem’s FARA Bid
Karem Aircraft’s Future Attack Reconnaissance Aircraft (FARA) competitive prototype bid has received a big boost, with the addition of Northrop Grumman and Raytheon to its team. Continue reading
SkySkopes in Frost & Sullivan Top 5
In a first-of-its-kind assessment, Frost & Sullivan has recently evaluated the 22 top DSPs around the globe based on their growth performance and ability to innovate. Of these 22 companies, only 5 fell into the “sweet spot” range on the Frost Radar which exhibits the optimal mix of growth and innovation. Continue reading






