Category Archives: Business News

Microdrones Expands into Asia with Aircam Acquistion

As part of an ongoing global growth initiative, Microdrones has acquired Aircam UAV Technology (“Aircam”), a 64 employee Chinese company with its main location in Foshan, an hour-drive from Guangzhou in Southern China, and a branch in Beijing. Aircam has developed a large Chinese and Southeast Asian customer base with a focus on surveying & mapping, utilities, and oil & gas industries.   Continue reading

FLIR Systems Gets $89M Black Hornet Contract from French Armed Forces

FLIR Systems, Inc. announced that it has been awarded a contract from the French Defense Procurement Agency (DGA) in support of the French Operational Pocket Drone (DrOP) program. The contract has a ceiling value of $89 million to provide the FLIR Black Hornet  3 nano-unmanned aerial vehicle (UAV) and Personal Reconnaissance System (PRS) to support French Armed Forces operations. Continue reading

GA-ASI Builds Team in Belgium for MQ-9B SkyGuardian

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

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.

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