Chinese drone maker SZ DJI Technology Co. secured a this week that values the company at roughly $8 billion, according to people familiar with the situation, propelling the firm into an exclusive club of startups and signalling Silicon Valley’s high hopes for the commercial promise of flying robots.
Category Archives: Business News
LiquidPiston Gets $1M DARPA Contract to Develop Heavy-Fueled, Rotary Combustion Engine Technologies
LiquidPiston, Inc., a developer of advanced combustion engine technology, has announced that the company has entered into an agreement with the U.S. Defense Advanced Research Projects Agency (DARPA) to advance the development of its highly efficient, power-dense rotary internal combustion engine for portable and small-engine applications. Continue reading
UAV Vision ISR Payload Selected by Airbus Defence and Space for High Altitude Pseudo-Satellite Programme
UAV Vision has been selected by Airbus Defence and Space to supply an ISR payload for the Zephyr 8 part of the High Altitude Pseudo-Satellite (HAPS) programme.
Affordable RTK GPS Receiver
Reach is for applications when a standard GPS with several meters accuracy just won’t cut it. It relies on RTK (real-time kinematics) technology to deliver centimeter level accuracy. Continue reading
CyPhy Works Unveils $500 Consumer HexaCopter
CyPhy Works, a Danvers-based startup, is launching a crowdfunding campaign aiming to raise $250,000 to green-light the production of a $500 drone called the LVL 1.
Global Hawk Earns Third Consecutive Sustainment Award
For an unprecedented third year in a row, the U.S. Air Force RQ-4 Global Hawk unmanned aircraft program was officially awarded the Dr. James G. Roche Sustainment Excellence Award for most improved performance in aircraft maintenance and logistics readiness during a ceremony April 28 at the Pentagon.
Sierra Nevada Corporation Acquires Kutta Technologies
Sierra Nevada Corporation (SNC) has announced the successful acquisition of its newest wholly-owned subsidiary, Kutta Technologies, Inc. (Kutta) located in Phoenix, Arizona. Kutta has specialized capabilities in command/control (C2), manned-unmanned teaming, visualization and airspace management/deconfliction for unmanned technologies. Continue reading
Arcturus Pitches Jump 20 for SOCOM RFP
California-based Arcturus UAV has unveiled a new iterative development of its Jump 20 vertical take-off and landing unmanned air vehicle that it intends to pitch for a major US Department of Defense requirement. Continue reading