Israel’s state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero have offered to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($232 million). Continue reading
Category Archives: Business News
Elbit Systems Sells SkyStriker to Azerbaijan
Elbit Systems has sold Azerbaijan its latest unmanned aerial vehicle which is capable of long-range precise tactical kamikaze strikes, The Jerusalem Post has learned. Continue reading
Thailand to Purchase RTAF U-1 UAS for its Royal Navy
The Royal Thai Navy has announced its desire to purchase the Royal Thai Air Force (RTAF) U-1 Unmanned Aerial System (UAS), produced by RV Connex Company Ltd (RV Connex). Continue reading
French DGA Acquires Second Campcopter S-100
As part of the new operational capabilities (NCO) market for PCBs (projection and command building), a second Camcopter S-100 aerial drone equipped with an AIS receiver * was delivered and received by the DGA at the end of November 2018, on the Naval Air Station Hyères (Var). Continue reading
IAI and Santos Lab Brazil Collaborate on UAV Operations for Precision Agriculture
IAI and Santos Lab teams
Israel Aerospace Industries (IAI) signed a first of its kind agreement with Santos Lab Comercio E Industria Aerospacial LTDA, (Santos Lab) on use of UAVs and advanced analytics for large scale precision agricultural applications. Continue reading
Aeronautics May Sell its Controp Shares to KKR
Aeronautics is in talks to sell its 50% stake in Controp Precision Technologies, a maker of electro-Optical and precision motion control systems for defense and homeland security applications, to the U.S. private equity giant KKR at a $150 million valuation, TheMarker has learned. Continue reading
US Coast Guard Picks ScanEagle for National Security Cutter Programme
The US Coast Guard (USCG) has again selected Insitu and its ScanEagle for the Small Unmanned Aerial System (SUAS) for National Security Cutter (NSC) programme, this time as part of corrective action from its original contract award. Continue reading
Unifly Raises $16.7M in Series B Funding Round
Unifly, a Belgium-based drone traffic management provider, has raised a total of 14,6 mio Euro ( 16,8 mio US$ ) in a B-round, bringing the total invested capital so far to 21 mio Euro ( 26,5 mio US$ ). Continue reading