Boeing has announced its investment in Near Earth Autonomy, a Pittsburgh-based company focused on developing a portfolio of technologies that enable safe and reliable autonomous flight. Continue reading
Category Archives: Business News
Phase One Industrial and Lufthansa Aerial Services Sign Cooperation Agreement for UAV-based Aerial Imaging
Phase One Industrial and Lufthansa Aerial Services announced that they have signed an agreement to build technological synergies in the context of unmanned aerial vehicles (UAVs) and system integration for a range of specialized industrial surveying and inspection use cases. Continue reading
Rafael Offers South Korea Laser for C-UAV System
Rafael Advanced Defense Systems is offering to integrate the laser ‘kill’ system it has developed for its Drone Dome counter-unmanned aerial vehicle (C-UAV) system onto South Korea’s own domestically built solution. Continue reading
GA-ASI Signs MoU with Huneed Technologies, Korea
General Atomics Aeronautical Systems, Inc. (GA‑ASI) has signed a Memorandum of Understanding (MOU) with Huneed Technologies Co. Ltd. (Huneed) establishing potential areas of future collaboration. Continue reading
FLIR Gets $7 M Black Hornet Australian Army Contract
FLIR Systems, Inc. has been awarded a $6.8 Million firm-fixed-price order to deliver Black Hornet Personal Reconnaissance Systems (PRS) in support of the Australian Army. The units delivered under this contract will support platoon and troop level organic surveillance and reconnaissance capabilities. Continue reading
IAI and Hankuk Carbon Sign Hybrid UAV Joint Venture
Moon-Soo Cho, CEO from Hankuk Carbon and Shaul Shahar, IAI EVP and General Manager of IAI’s Military Aircraft Group
Israel Aerospace Industries and Hankuk Carbon from Korea have signed an agreement for establishing a joint venture company in the Republic of Korea. The signing ceremony was held during the International Aerospace and Defense Exhibition (ADEX) 2017 in Seoul. Continue reading
Leonardo DRS Gets $42M US Army C-UAS Contract
Leonardo DRS has been awarded a production contract from the U.S. Army, under an urgent operational need, to develop a comprehensive counter-unmanned aerial system (C-UAS) capability to protect soldiers from enemy drones. This contract follows an earlier award for similar prototype capabilities, and is worth up to $42 million. Continue reading
Airbus and Hax Seek Flying Car Start-Ups
HAX, the hardware startup investor and accelerator, along with Airbus, is looking for start-ups to join a four-month accelerator program aimed to advance developments in urban air mobility, a.k.a. flying cars. Continue reading