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
Category Archives: Business News
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
Thailand to Purchase RTAF U-1 UAS for its Royal Navy
The Royal Thai Navy has announced its desire to purchase the Royal Thai Air Force (RTAF) U-1 Unmanned Aerial System (UAS), produced by RV Connex Company Ltd (RV Connex). Continue reading
French DGA Acquires Second Campcopter S-100
As part of the new operational capabilities (NCO) market for PCBs (projection and command building), a second Camcopter S-100 aerial drone equipped with an AIS receiver * was delivered and received by the DGA at the end of November 2018, on the Naval Air Station Hyères (Var). Continue reading






