Category Archives: Business News

Federal Bureau of Prisons Wants Anti-UAV Technology

The Federal Bureau of Prisons (Bureau), Office of Security Technology has created a Request for Information (RFI) to seek information related to a solution regarding protection from unmanned air vehicles. The goal of this RFI is to obtain detailed to collect information to identify and assess the landscape of technologies and systems that can assist in the Bureau’s mission by countering, mitigating and/or interdicting the impact and possible nefarious intent of unmanned aerial systems (UAS). Continue reading →

Lawsuit Claims Maveric is a Toy

A breach-of-contract squabble has spiralled into broader allegations of misconduct against a drone manufacturer with millions of dollars worth of US military contracts. A drone retailer claims that Prioria Robotics bilked the Army by selling a substandard drone that could be outflown by many hobby drones, which are far cheaper, according to a court motion. Continue reading →

Lockheed’s $4.6M Contract to Develop Vector Hawk

Lockheed Martin was awarded a $4.6 million contract from the Combating Terrorism Technical Support Office (CTTSO) for the continued development of a maritime canister-launched small Unmanned Aircraft System (sUAS). Continue reading →

DJI Moves R&D to Silicon Valley

DJI, the leading manufacturer of consumer drones, is building a new research and development center in Palo Alto, Calif., that could hold 75 or more engineers, according to several job listings posted in recent weeks. Continue reading →

Aeryon Partners with Microsoft’s In-Car Video Platform for Police Agencies

Aeryon Labs, a provider of small Unmanned Aerial Systems (sUAS) for military, public safety and commercial operators worldwide, has announced a technology partnership with Microsoft to include Aeryon SkyRanger within the new Microsoft Advanced Patrol Platform (MAPP) vehicle. Continue reading →

xCraft Gets Investment from Shark Tank Celebrities

xcraft The celebrity investors on Shark Tank have unanimously agreed to invest money into drone maker xCraft. Charles Manning and founder JD Claridge made a successful pitch on the popular ABC television show, raising money for a drone that can take off like a helicopter and move forward like an aircraft. The outcome was revealed on Friday, as the pre-recorded Shark Tank episode aired.
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Aeryon Labs Gets $60 Million in Growth Financing

Aeryon Labs Inc., a manufacturer of small unmanned aerial systems (sUAS) and mission control software, announced that it has closed a $60 million investment from Summit Partners. This investment will help the company realize its ambitious vision for the sUAS market, which sees widespread adoption across military, public safety and commercial operators worldwide.

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Korea to Supply Global Hawk Components

During the Seoul International Aerospace and Defense Exhibition, Northrop Grumman Corporation and its supplier partners celebrated the first component parts manufactured in the Republic of Korea for the country’s RQ-4 Global Hawk unmanned aircraft system (UAS). Global Hawk provides valuable wide-area intelligence gathering capabilities to military commanders. Continue reading →