HES Energy Systems, a Fuel Cell Systems developer from Singapore has formed an Alliance with three French Clean Energy and Aerospace Tech companies. Named FLY-HY, the group’s mission is to begin addressing the global market as a unified value chain, ranging from hydrogen refuelling systems to energy storage and power conversion, and cooperate with leading designers of electric aircraft. Continue reading
Category Archives: Business News
US Air Force Special Operations Wants sUAS to Survey Airfields
Air Force Special Operations Command plans to buy small unmanned aerial systems to survey airfields and determine whether aircraft can land there, the service said this week. Continue reading
US Marine Corps Orders 800 InstantEye Systems
InstantEye Robotics announced that it has received an order from PMA-263, the Navy and Marine Corps Small Tactical Unmanned Aircraft Systems Program Office, for an additional 800 InstantEye Mk-2 GEN3-A0 sUAS systems. The systems delivered under this contract will support deployed Marine infantry squads, providing organic surveillance and reconnaissance capabilities. Continue reading
AMA Takes Flight With AirMap
The Academy of Model Aeronautics (AMA), the nation’s largest organization for model aircraft enthusiasts, has partnered with AirMap, an airspace management platform for unmanned aircraft. Continue reading
MIT Startup Converge Secures Over $750,000 In Seed Funding
Converge, a commercial drone software provider, has raised over three quarters of a million in seed funding. The company’s initial round of funding included investors Samsung NEXT, Techstars Ventures, Kima Ventures, and other angel investors. Continue reading
Drone Data Analytics Platform SkyWatch Announces $2 Million in Seed Funding
SkyWatch, a data analysis, risk-assessment and active risk-reduction platform for the drone industry, announced that it has raised $2 million in a Seed round from F2 Capital, Verizon Ventures and Kaedan Capital with participation of former senior insurance executives from companies like Axa and Liberty Mutual, and world-class leaders in the drone industry. Continue reading
Atlas Dynamics and Luxriot Partner to Develop Advanced Drone-based Solutions
Atlas Dynamics, a next generation aerospace company providing autonomous UAV solutions, announced that it has entered a partnership with Luxriot, developer of high-performance Luxriot Evo Video Management Software, to develop drone-based solutions for the defense, security and first response markets.
GA-ASI Gets $49M USAF MQ-9 Software Order
General Atomics Aeronautical Systems Inc. has been awarded a $49,336,683 cost-plus-fixed-fee order (FA8620-18-F-2363) to previously awarded basic ordering agreement FA8620-15-G-4040. Continue reading






