Aiblob, formed in early 2015, is aiming to deliver advanced aerial data analytics and using UAS for empowerment of the society in large. Continue reading
Category Archives: Business News
WB Electronics and Thales Unveil UAS for Polish Gryf Programme
WB Electronics and Thales unveiled at Poland’s MSPO exhibition, their exclusive tactical unmanned aircraft system for the Polish Gryf requirement. The WB Electronics/Thales solution offers a capability that fully meets the Gryf requirements for an armed unmanned aircraft system, and delivers the capability through full Polish industrial collaboration. Continue reading
Insitu Gets $9M US Navy Blackjack Services Contract
Insitu Inc., Bingen, Washington, is being awarded $8,810,938 for firm-fixed-price delivery order 0042 against a previously issued basic ordering agreement (N00019-12-G-0008) for interim contractor services in support of the RQ-21 Blackjack program.
EHANG Raises $42M in Series B Financing
EHANG announced that it has raised $42 million in series B financing. Led by GP Capital, and with participation from GGV Capital, ZhenFund, Lebox Capital, OFC and PreAngel, the move drives the valuation of the Chinese drone startup 100 times higher than 16 months ago when it was established.
Skycatch Lands $22M New Funding
Drone developer Skycatch Inc. has landed $22 million in new funding. The company is still raising its funding, and it has a target of $25 million, according to a regulatory filing. Continue reading
Wright State Spin-Off to Market GoFlyZone
Wright State Research Institute is spinning off a new company around a technology that hopes to create an air traffic control system for drones. Continue reading
Indian Army RFI for 600 Mini-UAV Systems
An Indian Army requirement for approximately 600 sets of mini-UAVs is attracting interest from various manufacturers, who must partner with Indian companies to comply with the government’s “Make in India” industrial strategy. The Directorate General of Infantry has issued a request for information (RFI) that will be followed by a request for proposals by late 2016.
Momentum Aviation Group Acquires BOSH Global Services
The Momentum Aviation Group (MAG) has acquired privately-held BOSH Global Services, a world leader in C4ISR services and solutions related to Unmanned Aircraft Systems (UAS). The two companies will integrate their C4ISR services businesses, resulting in an expansion of both companies’ capabilities to provide and enable real time situational awareness worldwide using fixed wing, rotary wing, and unmanned aircraft.