Category Archives: Business News

Aeronautics Gets $27m Thailand Deal

Aeronautics Ltd. will supply Dominator unmanned aerial vehicles (UAVs) to the Thai Ministry of Defense, the company reported to the Tel Aviv Stock Exchange (TASE). The volume of the deal, which includes UAVs, land equipment, and accompanying services, is $27 million over three years. Payment will be according to the milestones set in the agreement. Continue reading

Future Flight Consortium Selected for UTM in Singapore

The Future Flight Consortium – led by Garuda Robotics and comprising Singapore Civil Defence Force, Parkway Pantai, Security Industry Institute, Singtel, Arete-M, AirMap, Gemalto, Flare Dynamics, Volans-i, Skyfront, University of Glasgow (Singapore), and Acorn International Network – has been selected by the Civil Aviation Authority of Singapore and Ministry of Transport to develop a connected urban airspace management system for unmanned aircraft in Singapore. Continue reading