Category Archives: Business News

Delair Opens First Office in Beijing

Delair has announced the opening of its first office in China. Based in Beijing, Delair will use it as a base to increase its presence in the rapidly expanding Chinese market and expand its network of local distributors. The office opening coincides with participation of Michaël de Lagarde, President and co-founder of Delair, at World Economic Forum’s Annual Meeting of the New Champions in Tianjin. Continue reading →

Airware Burns Through $118M and Crashes

Drone operating system startup Airware  suddenly informed employees it will cease operations immediately despite having raised $118 million from top investors like Andreessen Horowitz, Google’s GV, and Kleiner Perkins. The startup ran out of money after trying to manufacture its own hardware that couldn’t compete with drone giants like China’s DJI. The company at one point had as many as 140 employees, all of which are now out of a job. Continue reading →

AeroVironment Gets $6M Raven Contract from NATO for Portuguese Army

AeroVironment, Inc. has announced the receipt of a fixed-price contract award valued at $5,962,494 from NSPA on August 20, 2018.The contract award encompasses the procurement of Raven® unmanned aircraft systems equipped with Mantis i23 sensors and pocket Remote Video Terminals (p/RVT) for the Portuguese Army, with delivery scheduled over a three-year period. Continue reading →

EPE, Thales and D13 to Integrate C-UAS capability into Bushmasters

L-R: Warwick Penrose – Managing Director at EPE, Robi Sen – Chief Technology Officer at Department 13, Sam Keayes – VP Transport and Security at Thales Australia

At the Land Forces Exhibition in Adelaide,  EPE, Thales and Department 13 signed a Memorandum of Understanding (MOU) following successful integration of the MESMER Counter Drone solution into the Bushmaster. The MOU outlines the intent for this solution to provide an interim cyber capability for the vehicle platform. Continue reading →

Intel Capital Invests in Delair

Delair, a supplier of commercial drone solutions, announced that it has recently closed its expansion round with an investment from Intel Capital. For the past year, Delair and Intel have been collaborating on the Intel Insight Platform, a cloud-based digital asset management solution that leverages Delair’s extensive suite of industry-optimized software analytics to speed Intel’s efforts to transform how businesses in key verticals work using data captured from UAVs for actionable analytics. Continue reading →