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
Category Archives: Business News
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
InstantEye Robotics Opens New Development Facility
InstantEye Robotics announced that it has opened a new facility dedicated to the development and manufacturing of its family of tactical unmanned aerial systems. Continue reading
PrecisionHawk Secures $75M for Global Expansion
PrecisionHawk, Inc. has announced that it has raised a $75 million round of funding from a group of venture and strategic investors. This investment brings PrecisionHawk’s total funding to more than $100 million since being founded in 2010, making it the world’s most well-capitalized commercial drone company. Continue reading






