DropCopter of Corning, California, works on the automated pollination of orchard crops via unmanned aircraft systems (UAS). It strives for farming efficiency, the promotion of new technologies and healthy crop yield growth. Continue reading
Category Archives: Business News
BlueBird Aero Systems Signs JV with Cyient India
Ronen Nadir (left) with Cyient MD and CEO Krishna Bodanapu (centre)
Hyderabad-based IT services company Cyient has entered into a joint venture with Israel-based BlueBird Aero Systems on Wednesday. As part of the agreement, the joint venture named Cyient Solutions and Systems Private Limited will offer field-proven UAV systems to Indian defence, paramilitary, security, and police forces. Continue reading
Aeronautics and Mahindra Partner for Shipborne UAS
Mahindra Defence and Aeronautics Ltd of Israel signed a Memorandum of Understanding to partner for Naval Shipborne UAVs. Aeronautics and Mahindra will offer a UAV system which can be launched and recovered from Indian warships. Continue reading
Aeronautics Gets Investment from Israeli Insurer
Israeli insurer Phoenix Holdings Ltd. bought a 5.18% stake in Israeli drone maker Aeronautics Defense Systems Ltd., according to a Monday filing to the Tel Aviv Stock Exchange. The deal was completed in late March. Continue reading
Fotokite Wins $1M Genius NY competition
Fotokite, a Switzerland-based company that developed a kite-like, tethered drone that can stay in the air almost indefinitely, won the $1 million grand prize in the Genius NY business competition Monday. Continue reading
Germany to Lease Heron Systems for $1.1 Billion
The German Ministry of Defense is looking to reviving a multi-billion dollar deal for leasing Israel-built unmanned aerial vehicles (UAV), after the Budget Committee in the German Parliament decided to postpone the acquisition in June 2017. Continue reading
Australia Orders Extra WASP AE Systems for A$1.4M
XTEK Ltd has received a purchase order from the Australian Defence Force (ADF) worth A$1.4 million for additional WASP AE small unmanned aerial systems. The order includes associated after-market services including technical support, training and spare equipment. Continue reading
COPTRZ Becomes UK Distributor of Pulse Aerospace VAPOR
COPTRZ, the UK commercial drone solution provider, has announced it has put pen to paper on a new agreement with Pulse Aerospace, the commercial drone manufacturer which produces the VAPOR range of helicopter UAS. Continue reading