AeroVironment, Inc. has announced its selection by the United States Navy to provide Contractor-Owned, Contractor-Operated (COCO) Intelligence, Surveillance and Reconnaissance (ISR) services in support of critical naval operations. Continue reading
Category Archives: Business News
Ukrainian FPV Giant Partners to Build Drones in the U.S.
One of Ukraine’s largest drone manufacturers, General Cherry, has signed a deal to produce unmanned aerial vehicles in the United States, the company announced. Continue reading
Shield AI Raises $2B to Reach $12.7B Valuation, Acquires Software Company Aechelon
Shield AI announced it is raising $1.5 billion in Series G funding at a $12.7 billion post-money valuation, alongside $500 million in fixed-return preferred equity financing. Continue reading
Red Cat Closes Acquisition of Apium Swarm Robotics
Red Cat Holdings, Inc., a U.S.-based provider of advanced drone and robotic solutions for defence and national security, has acquired Apium Swarm Robotics, a California developer of distributed control systems for autonomous swarming drones and unmanned surface vessels. Continue reading
Chinese Shahed Clones Available Online on Alibaba
A sales representative for one company acknowledged that a so-called ‘model plane’ listed online was in fact a copy of Iran’s Shahed-136 drone, adding that it could be armed with explosives and shipped to Russia if required. Continue reading
NATO and Ukraine Activate Next Steps for UNITE – Brave NATO Innovation Programme
Following its announcement in November 2025, NATO and Ukraine have unveiled the next steps for the first Ukraine-NATO Innovation, Technology and Engineering (UNITE) – Brave NATO competition. Continue reading
U.S. Orders Smart Shooter SMASH 2000LE Systems
The U.S. Joint Interagency Task Force 401 has successfully executed additional contract awards as part of Domestic Shield to procure counter-unmanned aerial systems capability in support of U.S. Northern Command and U.S. Strategic Command. Continue reading
Lockheed Martin Selects Fortem Technologies to Protect Critical Infrastructure from Drones
Fortem Technologies, a global provider of airspace security, has announced a contract with Lockheed Martin to deploy autonomous counter-drone systems to protect critical infrastructure. Continue reading