Aerovironment Inc., Monrovia, California, was awarded an $8,868,341 firm-fixed-price contract for providing RQ-20B Puma AE II systems and support to Estonia. Continue reading
Category Archives: Business News
Airware Burns Through $118M and Crashes
Drone operating system startup Airware suddenly informed employees it will cease operations immediately despite having raised $118 million from top investors like Andreessen Horowitz, Google’s GV, and Kleiner Perkins. The startup ran out of money after trying to manufacture its own hardware that couldn’t compete with drone giants like China’s DJI. The company at one point had as many as 140 employees, all of which are now out of a job. Continue reading
AeroVironment Gets $6M Raven Contract from NATO for Portuguese Army
AeroVironment, Inc. has announced the receipt of a fixed-price contract award valued at $5,962,494 from NSPA on August 20, 2018.The contract award encompasses the procurement of Raven® unmanned aircraft systems equipped with Mantis i23 sensors and pocket Remote Video Terminals (p/RVT) for the Portuguese Army, with delivery scheduled over a three-year period. Continue reading
EPE, Thales and D13 to Integrate C-UAS capability into Bushmasters
L-R: Warwick Penrose – Managing Director at EPE, Robi Sen – Chief Technology Officer at Department 13, Sam Keayes – VP Transport and Security at Thales Australia
At the Land Forces Exhibition in Adelaide, EPE, Thales and Department 13 signed a Memorandum of Understanding (MOU) following successful integration of the MESMER Counter Drone solution into the Bushmaster. The MOU outlines the intent for this solution to provide an interim cyber capability for the vehicle platform. Continue reading
Intel Capital Invests in Delair
Delair, a supplier of commercial drone solutions, announced that it has recently closed its expansion round with an investment from Intel Capital. For the past year, Delair and Intel have been collaborating on the Intel Insight Platform, a cloud-based digital asset management solution that leverages Delair’s extensive suite of industry-optimized software analytics to speed Intel’s efforts to transform how businesses in key verticals work using data captured from UAVs for actionable analytics. Continue reading
Rolls-Royce to Power Boeing MQ-25 for US Navy
Rolls-Royce engines have been selected by Boeing to power the US Navy’s new MQ-25 Stingray aircraft, which will provide unmanned, carrier-based air-to-air refuelling. Continue reading
Oxford Town Council Launches Commercial Drone Services
Oxford Direct Services (ODS), the service delivery and commercial arm of Oxford City Council in the UK ,has announced that it is to start providing drone-based services to include roof and building surveying, land mapping, aerial photography and filming. Continue reading
EagleView Invests in PrecisionHawk
PrecisionHawk Inc., a provider of drone technology for the enterprise, has announced a partnership with EagleView, a provider of aerial imagery and data analytics for government, insurance and commercial sectors. Through this partnership with PrecisionHawk, EagleView will collect at-scale insurance claims imagery via drones by leveraging PrecisionHawk’s global network of drone pilots, Droners.io. Continue reading