Category Archives: Business News

UK’s OSL to Supply New Drone Defence System for Norwegian Ministry of Defence

The Norwegian Defence Materiel Agency has signed a contract with a British company, Operational Solutions Ltd. (OSL), for the purchase of new anti-drone systems. The systems being acquired are known as anti-drone systems, also called “Counter Unmanned Aerial Systems,” or C-UAS, which will protect bases as well as stationary objects and installations from drones. Continue reading

Auterion to Deliver 33,000 Skynode Drone Strike Kits to Ukraine

Auterion, the international defence software company and provider of AI-powered drone software solutions, has announced a landmark commitment to deliver 33,000 artificial intelligence-driven drone ‘strike kits’ to Ukraine. The initiative, backed by a $50 million Pentagon contract, represents a major step forward in supporting Ukraine’s defense capabilities. Continue reading

RTX Turns Cold War MANPAD into Modern Air-to-Air Weapon for Helicopters and Drones

Raytheon’s latest Air-to-Air Stinger launchers show how a 1980s shoulder-fired missile has evolved into a potent aircraft weapon. Integrated with helicopters and drones, the system adds new targeting, seeker upgrades, and all-weather capability, keeping the Stinger relevant in modern aerial combat and counter-UAS missions. Continue reading

Heven Unveils New Facility in Downtown Bingen

Zepher Flight Labs (ZFL), now a key part of Heven‘s expanding U.S. operations, hosted a ribbon-cutting ceremony yesterday to celebrate the opening of its new facility in downtown Bingen. The event drew community leaders, state officials, and industry partners to honor both ZFL’s legacy and its future at the forefront of hydrogen-powered unmanned aerial vehicle (UAV) development. Continue reading

Volatus Aerospace Secures $730K Tactical ISR Drone Contract from NATO Partner

Volatus Aerospace Inc., a Canadian supplier of aerial intelligence and cargo solutions, has secured a contract to deliver a fleet of lightweight tactical intelligence, surveillance, and reconnaissance (ISR) drone systems to a customer in a NATO member country. The initial contract is valued at approximately C$1M (USD 727,000) and is expected to be fulfilled in August 2025, at gross margins in line with the Company’s standard defense sector equipment delivery. Continue reading