FlytBase, Inc. and Skysense, Inc. have just announced a partnership to bring fully-automated, low-cost drone-in-a-box solution to the market and help customers scale their commercial drone deployments. Continue reading
Category Archives: Business News
Kratos Acquires Florida Turbine Technologies
Kratos Mako Unmanned Tactical Aerial Platform (UTAP-22)
Kratos Defense & Security Solutions, Inc. announced that it has acquired an 80.1% interest in Florida Turbine Technologies, Inc. and FTT Core, LLC (collectively “FTT”), a leading technology company and innovation leader in advanced turbine engines, for $60 million, consisting of $33 million in cash and $27 million in Kratos common stock. Kratos has an option to acquire the remaining 19.9% of FTT at a future date. Continue reading
UAV Vision Rebrands as AVT Australia
UAV Vision, an Australian company that specializes in high-performance imaging systems for air, ground and maritime domains, will be trading under a new name – AVT Australia – as part of its corporate rebranding initiative. Continue reading
GA-ASI – Air 7003 Team Reaper Australia Takes Shape
General Atomics Aeronautical Systems Inc (GA-ASI) has outlined the tangible progress of Team Reaper Australia towards achieving the Australian Industry Content requirements for this project. GA-ASI first unveiled Team Reaper Australia at AVALON 2017 when the team consisted of four companies dedicated to the support, development and manufacture of RPA for the Australian Defence Force (ADF). Since then, the team has grown to 10 members. Continue reading
India Buys 50 Herons in $500M IAI Deal
Israel Aerospace Industries (IAI) has agreed with India’s Ministry of Defense on the sale of 50 Heron unmanned aerial vehicles (UAVs) for 500 million U.S. dollars. Continue reading
Hoverfly Joins Persistent System’s Wave Relay Ecosystem
Persistent Systems, LLC announced that it has entered into a five-year agreement with Hoverfly Technologies Inc.. Hoverfly will be joining the Wave Relay Ecosystem, an alliance of unmanned system and sensor companies that integrate the Wave Relay mobile ad hoc network (MANET) into their products. Continue reading
NATO and Canada bid for Mothballed German EuroHawk
The German Defence Ministry is evaluating a bid from Canada to buy a high-altitude surveillance drone prototype that has been parked at a German air base for years after the cancellation of the Euro Hawk programme in 2013. Continue reading
Dassault Systèmes Partners with General Aeronautics in India
Dassault Systèmes announced at Aero India 2019, that Bengaluru based integrated aircraft design and engineering services company, General Aeronautics has deployed the 3DEXPERIENCE platform on cloud to develop next-generation design Unmanned Aerial Vehicle (UAV). Continue reading