AirMap, a global airspace management platform for drones, and Honeywell have announced the development of a cost-effective drone tracking solution to provide airspace safety authorities with situational awareness of manned and unmanned aircraft operations within an airspace system. Continue reading
Category Archives: Business News
Aerodyne Gets Series B Investment from Japan’s Drone Fund
Kamarul Muhamed, standing, 2nd from right, shaking hands with Soki Ohmae, board member of Drone Fund. Kotara Chiba, founder and general partner is to his left.
Global UAV service provider Aerodyne Ventures Sdn Bhd has announced receiving an undisclosed pre-Series B investment from Japan based drone company Drone Fund in deal which will consolidate their position in the Japanese market. Continue reading
Northrop Grumman Gets $89M US Navy Triton Support Contract
Northrop Grumman Systems Corp., has been awarded an $89,534,733 cost-plus-fixed-fee contract to provide sustainment and engineering services in support of the MQ-4C Triton Unmanned Aircraft System. Continue reading
Oxford University Spin-Off Animal Dynamics acquires Accelerated Dynamics
Oxford-based unmanned aerial systems startup Animal Dynamics has acquired another UK-based company, Accelerated Dynamics, which has developed ADx, an AI platform for drone fleet management. Continue reading
Vtrus Raises $3M for Indoor Drone Inspection Tech
Seattle startup Vtrus has raised investment for a different kind of drone — one that’s designed to conduct precision inspections of industrial facilities. Continue reading
NAVAIR to Test Autonomous Cargo UAS Payload Requirement
The US Naval Air Systems Command (NAVAIR) plans to conduct an ‘Autonomous Cargo UAS (unmanned aerial system) Experiment’ to identify and evaluate proposed UAS systems’ ability to autonomously deliver payloads weighing up to 50 lb (23 kg) between ships and shore locations. Continue reading
UAV Factory Supplies UAVs to National Armed Forces of Latvia
Latvian National Armed Forces will acquire unmanned aerial vehicles based on the agreement signed between the Ministry of Defense and the high technology company UAV FACTORY. Continue reading
Maynooth University and Intel Ireland Sign MoU to Partner on Research and Innovation
L-R: Killian Donnelly, graduate and senior product design engineer at Intel, software developer student Tzirath Perez, Eamonn Sinnott, General Manager of Intel Ireland, Maynooth University President, Professor Philip Nolan and Dr Alison Hood, Dean of Teaching and Learning
Maynooth University and Intel Ireland have signed a Memorandum of Understanding (MoU) to establish a strategic partnership for research and innovation, and to nurture future talent. Building on already strong relationships between Intel and Maynooth, the MoU will establish a more comprehensive and structured format for creative collaborations in key areas of research. Continue reading