
Drone startups hoping to snag venture-capital funding may have hit some turbulence. Financing for drone companies fell 59% year-over-year in the third quarter, and 48% from the previous quarter. The drone industry’s numbers were starker than for venture-capital funding overall, in which funding dollars fell 39% from the same quarter in 2015 and 14% sequentially. Continue reading

Estonian defense contractor 


General Atomics’ aeronautical systems business has received a potential one-year, $44 million contract to perform risk reduction efforts for theU.S. Navy’s MQ-25 unmanned carrier aerial system program. 