Israel Aerospace Industries (IAI) signed a first of its kind agreement with Santos Lab Comercio E Industria Aerospacial LTDA, (Santos Lab) on use of UAVs and advanced analytics for large scale precision agricultural applications. Continue reading
Category Archives: Business News
Aeronautics May Sell its Controp Shares to KKR
Aeronautics is in talks to sell its 50% stake in Controp Precision Technologies, a maker of electro-Optical and precision motion control systems for defense and homeland security applications, to the U.S. private equity giant KKR at a $150 million valuation, TheMarker has learned. Continue reading
US Coast Guard Picks ScanEagle for National Security Cutter Programme
The US Coast Guard (USCG) has again selected Insitu and its ScanEagle for the Small Unmanned Aerial System (SUAS) for National Security Cutter (NSC) programme, this time as part of corrective action from its original contract award. Continue reading
Unifly Raises $16.7M in Series B Funding Round
Unifly, a Belgium-based drone traffic management provider, has raised a total of 14,6 mio Euro ( 16,8 mio US$ ) in a B-round, bringing the total invested capital so far to 21 mio Euro ( 26,5 mio US$ ). Continue reading
IAI Considering Aeronautics Acquisition
Israel Aerospace Industries (IAI) is considering the acquisition of fellow unmanned aerial vehicle (UAV) manufacturer Aeronautics, it has been revealed. Continue reading
DroneUp and SkyWatch.AI Team to Provide Automated Insurance
DroneUp has announced that it is collaborating with SkyWatch.AI to provide on-demand, automated flight insurance coverage to Part 107 pilots when they execute commercial missions delivered in the DroneUp app. Continue reading
Insitu Gets $12M US Navy Blackjack Order
Insitu Inc., Bingen, Washington, is awarded $12,167,690 for firm-fixed-price delivery order N0001919F2638 against a previously issued basic ordering agreement (N00019-15-G-0014). Continue reading
China Delivers 100th Wing Loong for Export
The producer of China’s domestically-developed Wing Loong on December 25th. 2018 delivered the 100th unmanned aerial system (UAS) for export. Continue reading







