Category Archives: Business News

Antonov and Air-Ion Partner on Electric UAVs

During the Farnborough Air Show 2018, on 17th of July, SE Antonov, Ukraine and AIR-ION TECHNOLOGIES SA, Switzerland signed a Memorandum of Understanding about the establishment of partnership in area of design, tests, certification and serial production of hybrid and full electric unmanned aerial vehicles (UAV) based on versatile, flexible, multifunctional platform developed by AIR-ION TECHNOLOGIES SA for performing different civilian and military missions. Continue reading

Airbus and International SOS Sign MoU for UAS Medical Cargo Delivery

from left to right) Dirk Hoke, CEO of Airbus Defence and Space, and Arnaud Vaissié, CEO of International SOS

Airbus and International SOS, the world’s leading medical and security risk services company, have signed a Memorandum of Understanding (MOU) to jointly study the viability of using aircraft or unmanned systems to deliver medical cargo and supplies.  Continue reading

L3 Technologies Acquires Latitude Engineering

L3 Technologies has acquired Latitude Engineering, a unique unmanned aircraft systems company that has developed a family of commercial and military Vertical Take Off and Landing (VTOL) UAVs based on their Hybrid Quadrotor (HQ) technology. Continue reading

Google X Spins Off Loon and Wing

Today, unlike when they started as X projects, Loon and Wing seem a long way from crazy — and thanks to their years of hard work and relentless testing in the real world, they’re now graduating from X to become two new independent businesses within Alphabet: Loon and Wing. Continue reading

SNC & IAI Partner on Tactical VTOL UAS for US Market

First row, left to right: Faith Ozmen, CEO & owner of SNC, Josef Weiss, IAI’s CEO, Swami Iyer, CEO of IAI North America.
Second row, left to right: Shaul Shahar, executive vice president & general manager of IAI’s Military Aircraft Group, Tim Owings, executive vice president of SNC’s Integrated Mission Systems business area

Sierra Nevada Corporation (SNC) signed a strategic collaboration agreement with Israel Aerospace Industries (IAI) to support development of a new tactical Vertical Takeoff and Landing (VTOL) Unmanned Aircraft System (UAS) able to take off and land vertically for the U.S. market. Continue reading