5D Robotics, Inc. has announced its acquisition of industrial assets and intellectual property of Aerial MOB, LLC (Aerial MOB). This acquisition has led to the formation of the 5D Aerial division. Continue reading
Category Archives: Business News
UK’s Protector UAV is the Certifiable Predator B
The new Protector unmanned aerial vehicle (UAV) to be fielded by the United Kingdom has been revealed as the General Atomics Aeronautical Systems Inc (GA-ASI) Certifiable Predator B (CPB), a Ministry of Defence (MoD) contract notification has shown.
Sentera Extends Distribution of Infrastructure Solutions
Sentera, LLC, a global provider of software, sensor, and drone technologies to the infrastructure inspection industry, has signed a distribution agreement with TESSCO Technologies Inc., a U.S. provider of product solutions required to build, use, and maintain Towers, Wireless Communications, Utilities, Mining, Oil & Gas, Renewable energy systems and Transportation.
PrecisionHawk Secures $18M Series C Funding
PrecisionHawk Inc. — a provider of aerial data and safety platforms for drones — announced that it has closed an $18 million round of funding with Verizon Ventures, a subsidiary of USAA, NTT Docomo Ventures, and Yamaha Motor with full participation from existing investors Intel Capital, Millennium Technology Value Partners and Indiana University’s Innovate Indiana Fund in an oversubscribed round.
Turkish Procurement Office Seeks UAS Domestic Sub-Systems
Turkey’s procurement agency has launched a competition promoting domestic development of key sub-systems used in drones. Continue reading
Thales Delivers Fulmar to Malaysian Maritime Enforcement Agency
Thales has won a contract to deliver Fulmar Unmanned Aerial Systems (UAS) to Malaysian Maritime Enforcement Agency (MMEA).
Sharper Shape Gets $3.25 M Investment
Sharper Shape has announced US$3.25 million in new funding (€2.9 million) led by Straightforward Capital, a European venture capital firm with thorough experience in the energy sector. Continue reading
Israel Backs Off New UAV Deals with Russia
Washington has vetoed any further sales of Israeli-made unmanned air vehicles to Russia. For several months Russian companies have contacted Israeli manufacturers in an attempt to reach joint venture agreements. However after checking with the Israeli defence ministry about the potential of formalising any such pact, it became obvious the US administration would be very strongly opposed, and would veto any export license. Further discussions have been halted as a result. Continue reading