UAV Vision, specialist designers of lightweight, gyro-stabilised imaging systems, announced the launch of its sister company, Defence Vision, which will focus exclusively on the military market.
Category Archives: Business News
Phase One Industrial and Aerialtronics to Partner
Phase One Industrial, a global provider of medium format metric cameras and imaging solutions for aerial applications, announced that it has signed an agreement with Aerialtronics DV, a developer of end-to-end aerial data capture solutions. Together, these companies’ high-end products are opening up new opportunities in high-accuracy mapping and inspection markets. Continue reading
Drone Aviation Gets $1.7 M Enhanced WASP Tactical Aerostat Contract from DoD
Drone Aviation Holding Corp., a manufacturer of tethered drones and lighter-than-air aerostats, announced that it has received its largest single contract award to date for its multi-mission capable tactical Winch Aerostat Small Platform (“WASP”). The latest Department of Defense (“DoD”) customer order is the third repeat order awarded to the Company for its WASP and comes as the result of a growing number of successful international deployments with military personnel. Continue reading
Egypt Spends $9M on Puma II AE Systems
Egypt is to acquire and field the AeroVironment (AV) RQ-20B Puma II AE tactical unmanned aircraft system (UAS), the US Department of Defense (DoD) disclosed on 16 March. Continue reading
LG Uplus Enters Drone Business in Korea
LG Uplus vice chairman and CEO Kwon Young-soo
Korean mobile carrier LG Uplus will foster drone business as one of its new growth drivers by expanding its fledgling aerial robotics to a wide range of businesses in the public and private sectors, including transportation, logistics and safety inspections, powered by its nationwide wireless network. Continue reading
Boeing Shares in $15M Investment in Detect and Avoid BVLOS Radar Firm
Fortem Technologies, Inc., a Salt Lake City, Utah-based company developing advanced radar systems for unmanned and manned aircraft, announced that it has closed a $15 million Series A funding round led by DCVC (Data Collective) with key participation from Boeing and Mubadala Investment Company, as well as Manifest Growth, New Ground Ventures and founding investor, Signia Venture Partners. Continue reading
Turkey’s Baykar to Export Armed UAVs to Qatar
Turkish unmanned aircraft producer Baykar Makina signed an agreement on Wednesday to export six armed unmanned aerial vehicles (UAV) to Qatar’s armed forces. Continue reading
Insitu Names Esina Alic President and CEO
Esina Alic has been named Insitu President and Chief Executive Officer, assuming the role effective April 5.
Alic rejoins Insitu from adidas in Germany where she served as senior vice president of Global Operations, Strategy and Programs. Prior to adidas, she held a number of senior executive positions in business, finance and engineering at organizations ranging from start-ups to Fortune 50 companies. Continue reading