Verity Studios AG, the global leader in indoor drone technology, announced that it has raised $18 million in a Series A funding round, making Verity the world’s most well-funded company in the rapidly emerging commercial indoor drone market. Continue reading
Category Archives: Business News
Kittyhawk Raises $5M Funding for Next-Generation Enterprise Drone Solutions
Kittyhawk, the enterprise drone solutions company, announced it raised $5M in funding, bringing the company’s total capital raised to $6.5M. Kittyhawk raised the capital to further its capabilities as a full stack enterprise drone solution to empower a variety of industries already realizing value from commercial drone operations. Continue reading
L3 MAS Teams with IAI for Canadian RPAS Project
L3 MAS announced that it has teamed with Israel Aerospace Industries (IAI) to form Team Artemis to offer the state-of-the-art Artemis Unmanned Aerial System (UAS), based on IAI’s Heron TP, for the Royal Canadian Air Force’s (RCAF) Remotely Piloted Aircraft System (RPAS) program. Continue reading
Drone Delivery Canada and Toyota to Collaborate on Drone Delivery Logistics Platform
Drone Delivery Canada and Toyota Tsusho Canada Inc. ‘TTCI’ have that announced they have signed an agreement to collaborate on a drone delivery logistics platform. Continue reading
UMS SKELDAR and QinetiQ Target Systems Partner for Royal Canadian Navy UAV Program
UMS SKELDAR, has joined forces with a provider of unmanned air, land and surface vehicle targets QinetiQ Target Systems. The partnership has been formed to enable both organizations to provide the platforms and solutions for a joint Canadian maritime program, including the Royal Canadian Navy (RCN) UAV contract. Continue reading
Skynetwest and Navopache Partner for UAS Grid Inspections
The vast expanse of the United States electrical grid stretches several million miles. A complex network of power generation plants and substations are interspersed between overhead transmission lines. Unmanned Aerial Systems (UAS) like the Falcon 8+ operated by Skynetwest LLC provide a safe and efficient method to survey and inspect the condition of the ageing power grid. Continue reading
General Atomics Launches Team SkyGuardian Canada
General Atomics Aeronautical Systems, Inc. has announced the official launch of Team SkyGuardian Canada, consisting of Canadian teammates CAE Canada, MDA, and L3 WESCAM. The team is combining the best of Canadian industry with the world’s most advanced Medium-altitude Long-Endurance (MALE) RPAS, the MQ-9B SkyGuardian, to fulfil Canada’s RPAS project requirements. Continue reading
Airbus Integrates UAM Activities in Munich
Airbus has appointed Eduardo Dominguez Puerta, 40, Head of Urban Air Mobility (UAM), a new Airbus unit, effective 1 June 2018. In his new function, he will report to Patrick de Castelbajac, Executive Vice President Strategy and International. Continue reading