Argus International has completed the acquisition of the Orlando, Florida-based Unmanned Safety Institute (USI), a privately-held unmanned aircraft system (UAS) safety training, certification and management business. The acquisition augments Argus’ global aviation safety presence in the airline, business aviation and rotary wing industry segments. Continue reading
Category Archives: Business News
Raytheon to Adapt UVision Hero-30 System for US Army
Raytheon Company and UVision signed a teaming agreement to work together on small, loitering airborne solutions. As part of the deal, Raytheon will adapt the Hero-30 remotely-operated lethal loitering airborne system from Israel’s UVision for U.S. military requirements.
Companies Team for UAS Inspection of Wind Turbines
Two companies involved in aerial wind inspection services, HUVRdata, based in Austin, TX and EdgeData based in Grand Forks, ND, announced a collaboration to deliver a suite of wind industry data intelligence tools and credential processes to optimize the use of this technology within the wind industry.
Air Tractor Enters UAS Market
Crop-spraying specialist Air Tractor, Inc. has announced its expansion into the field of unmanned aerial systems. The recent acquisition of Hangar 78 UAV, and its flagship aircraft, the Yield Defender unmanned aerial system (UAS) will create the foundation of Air Tractor’s development and visionary integration of unmanned technology to complement its core agricultural and fire-fighting aircraft lines.
Portugal to Buy Mini-UAS
The Portuguese Ministry of National Defence (MND) has authorised the country’s army to launch a procurement programme for tactical mini-unmanned aerial vehicles (UAVs). Continue reading
Year-Over-Year US Drone Retail Sales Soar
In the past 12 months (ending April 2016), drone sales in the USA have grown 224 percent year-over-year to nearly $200 million, according to The NPD Group’s Retail Tracking Service. Over the past six months (ending April 2016), sales growth has accelerated to more than four times higher than the same time period last year*. The following brands are leading the industry in drone sales according to percent of U.S. dollar share: DJI, Parrot, Protocol, Yuneec and 3D Robotics (12 months ending April 2016). Continue reading
Dedrone Gets $10M Funding for Drone Detection Platform
Dedrone, developer of civilian drone detection system, announced that it has raised $10 million in Series A funding. The round was led by U.S.-investor Menlo Ventures, one of the world’s premier venture capital firms investing in consumer and enterprise technologies. Dedrone will use the fresh capital to accelerate the advancement and sophistication of its drone detection technology and to expand its sales and marketing teams. Continue reading
VStar Systems Inc. to Create Custom Unmanned Systems
Entrepreneur and U.S. Navy veteran Andy Von Stauffenberg, announced the launch of VStar Systems Inc. (VStar) after 12 years of experience in aerospace and systems engineering. A multi-dimensional systems integration company specializing in unmanned and robotic systems, VStar creates custom solutions for clients who have a unique set of problems that require advanced technologies and out of the box thinking. Continue reading