Category Archives: Business News

Germany Signs $600M Heron TP Lease Deal

Israel Aerospace Industries (IAI) signed an agreement with Airbus to lease Heron TP Medium Altitude Long Endurance (MALE) RPAS  to Germany’s Federal Ministry of Defence. Under the $600 million deal, Airbus DS Airborne Solutions GmbH will serve as the prime contractor responsible for managing all aspects of the project, including operational support and maintenance throughout the term of the agreement. Continue reading

Huawei and Unifly Collaborate to Identify and Track Drone Flights

Left to right: Koen Meuleman, CFO of Unifly and Alex Wang Yufeng, President of Huawei Wireless X Labs

Huawei Technologies Co., Ltd and Unifly N.V have signed a Memorandum of Understanding (MoU) to cooperate in the field of Unmanned Traffic Management (UTM) systems. The MoU covers both research and development, and a joint market approach to Unmanned Aircraft Systems (UAS, or drone) management. Continue reading

GE Introduces New Company to Develop Next Gen UTM

GE introduced AiRXOS a new company helping to accelerate the safe, efficient, scalable integration of air and ground space for manned and unmanned vehicles. AiRXOS helps government agencies, regional aviation authorities and private sector operators manage and meet the increasing demand for sophisticated and safe Unmanned Aircraft Systems (UAS) operations. AiRXOS is a wholly-owned subsidiary of GE. Continue reading