General Atomics Aeronautical, Poway, California, was awarded a $94,575,690 modification (P00018) to contract W58RGZ-17-C-0035 for contractor logistics services for the unmanned aircraft system Gray Eagle Block Zero. Continue reading
Category Archives: Business News
Insitu Gets $23M US Navy ScanEagle Contract
Insitu Inc., Bingen, Washington, is being awarded $22,728,810 for modification P00030 to a previously awarded firm-fixed-price, indefinite-delivery/
Airbus and Williams Team on Zephyr Battery Technology
Airbus and Williams Advanced Engineering, the innovative engineering and technology business of Williams Grand Prix Engineering, are to explore potential areas of technological collaboration. Continue reading
Vigilant Aerospace Closes Investment Round with The Flying Object and Kluz Ventures
Vigilant Aerospace has announced a new investment from Kluz Ventures, through its commercial drone and robotics fund The Flying Object. The Flying Object (TFO) makes investments into US and international unmanned aerial systems technology and service companies that are leading the industry. Continue reading
Black Swift and Leptron Join Forces for Fixed-Wing UAS
Black Swift Technologies (BST), a specialized engineering firm based in Boulder, CO, and Leptron Unmanned Aircraft Systems (UAS), a subsidiary of Geotech Environmental Equipment, Inc. of Denver, CO, announced a strategic alliance showcasing the individual strengths of each respective company—Leptron UAS for its manufacturing capabilities, and Black Swift Technologies for their advanced avionics and flight management systems. Continue reading
Aeronautics Wins $13M Aerostar African Deal
Aeronautics Ltd. has signed a deal to sell Aerostar UAVs to an African country. The company reported to the TASE that it would supply the customer with UAVs for $13 million, with delivery spread over an 18-month period and payment taking place accordingly. Continue reading
GA-ASI Hosts High-Tech Aerospace Innovation Event with Starburst Accelerator
General Atomics Aeronautical Systems, Inc. (GA-ASI), in partnership with Starburst Accelerator, a global aerospace and aviation incubator, hosted a selection committee entitled “The Future Is Now” at its headquarters in Poway, California on December 1st. Continue reading
Aeronyde Receives $4.7M Seed Funding for UTM System
Aeronyde, the aerial systems company enabling safe autonomous urban flight, announced $4.7 million in seed financing to develop its end-to-end infrastructure for self-flying vehicles. Aeronyde is the first company to integrate artificial intelligence (AI) and augmented reality (AR) into a full-service system for the safe and secure operation of commercial drones. Continue reading