Category Archives: Business News

Northrop Grumman Withdraws from US Navy’s Tanker Drone Bid

In a significant turn of events, despite having been seeing as one of, if not the leading firm involved the program, Northrop Grumman has revealed it will not submit a bid for the U.S. Navy’s MQ-25 Stingray tanker drone competition. The decision suggests that company felt it could not significantly redesign its existing X-47B unmanned aircraft, or develop an entirely new aircraft, and still make a competitive offer. Continue reading

Integrated Drone Solution Enhances Utility Asset Data

Black & Veatch and Aeryon Labs have announced that they have launched an end-to-end asset management inspection solution leveraging drone technology for global energy clients. Aeryon’s commercial unmanned aerial system (UAS) hardware, software and services enable the capture of critical infrastructure condition data that is integrated by Black & Veatch into a utility’s existing enterprise asset management (EAM) systems. Continue reading

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