The security of Australia’s maritime borders will be significantly strengthened with another major military investment. The Turnbull Government will invest $1.4 billion and acquire the first of six MQ-4C Triton remotely piloted aircraft through a cooperative program with the United States Navy. Continue reading
Category Archives: Business News
Boeing HorizonX Invests in Urban Aerial Delivery Startup Matternet
Boeing has announced its investment in Matternet, a Menlo Park, Calif.-based startup pioneering safe, on-demand unmanned aerial vehicle (UAV) delivery operations in urban environments. Matternet’s advanced logistics platform – combined with Boeing’s expertise in complex logistics, integration and manufacturing capabilities – will further enable reliable, efficient cargo air transportation. Continue reading
Thailand Introduces Elbit Hermes 450
The Royal Thai Army (RTA) has introduced the Elbit Hermes 450 unmanned aerial system (UAS), becoming the second Southeast Asian country after Singapore to operate this drone. Elbit Systems says that the H450 has now performed “40,000 successful combat missions,” but like other Israeli companies, it does not specify customers. Continue reading
CybAero Files for Bankruptcy
Following its failed attempt to seal a deal with China for unmanned aerial systems, compounded by long-term funding problems, the largest military and security drone producer in Sweden has filed for bankruptcy.
Insitu Gets Interior Contract Award for sUAS Services
Insitu has received a first-of-its kind contract from the U.S. Department of the Interior (DOI) to provide fire suppression services within the contiguous 48 states and Alaska using its ScanEagle Unmanned Aircraft System (UAS). Continue reading
DARPA Awards LiquidPiston $2.5M for Rotary Diesel Engine Development
The U.S. Defense Advanced Research Projects Agency (DARPA) has awarded LiquidPiston Inc., an advanced internal combustion engine technology company, an additional $2.5 million to continue development of its 30kW X4 rotary diesel engine prototype, bringing DARPA’s total funding of the engine technology to $6M. Continue reading
SRC Partners with Xcel Energy on Drone Detection
SRC, Inc., has announced a partnership with Xcel Energy to deploy state-of-the-art drone detection technology to protect critical infrastructure. Under this partnership, SRC and Xcel Energy will collect actionable data on the low altitude airspace not only for a critical energy center, but also for an airport, railway, inland waterway, sporting arena and state capital. Continue reading
GA-ASI Gets $39M MQ-9 Reaper Marine Corps Services Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded an undefinitized contract action with a not-to-exceed value of $39,566,023 to provide additional unmanned air system intelligence, surveillance, and reconnaissance surge support for Marine Corps Task Force Southwest operations in the U.S. Central Command (CENTCOM) area of operations (AOR) using contractor-owned/contractor-






