Category Archives: Business News

Austraian Operator Begins Nation-Wide Expansion

Private drone operating firm, Australian UAV, announced this week the opening for business of its New South Wales offices. With over 1400 safe and successful flights for commercial and government clients, Australian UAV is fast establishing itself as one of the country’s most experienced civilian unmanned aerial vehicle (UAV) operators. Its existing client base includes survey, forestry, precision agriculture, industrial and natural resource management, as well as general aerial photography and filming. Continue reading →

Insitu Gets $78M US Navy Blackjack Contract

The US Navy has awarded a contract modification of $78 million—actually, officially 78 million and one dollar—to Insitu for a half-dozen more RQ-21A Blackjack unmanned aircraft systems, small aircraft the Navy and Marines use for tactical reconnaissance, surveillance, and target acquisition at sea and on land.

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Sony Enters Commercial UAS Business

Sony Mobile Communications and ZMP Inc. have agreed to collaborate on the development and launch of enterprise solutions using autonomous unmanned aerial vehicles for image captured combined with cloud-based data processing.

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Draganfly Acquired by TRACE Live Networks

TRACE Live Networks, developer of The TRACEr1 – a visually intelligent camera capable of following its owner almost anywhere and live-streaming captured footage to the Internet – announced that it has acquired commercial sUAS (small Unmanned Aerial System) specialists, Draganfly Innovations Inc. Continue reading →

Lockheed Martin Buys Sikorsky Aircraft for $9 Billion

Lockheed Martin has entered into a definitive agreement to acquire Sikorsky Aircraft, a world leader in military and commercial rotary-wing aircraft, for $9.0 billion. The price is effectively reduced to approximately $7.1 billion, after taking into account tax benefits resulting from the transaction.

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Thales and WB Electronics to Build a Polish Tactical Class UAS – Codename Gryf.

Thales and WB Electronics have signed an agreement to build a Polish tactical unmanned air vehicle named Gryf (Grifon), based on the former’s experience with the British Army’s Watchkeeper 450, and on the technology used on the UAV.

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ARCA Relocates UAS Development to Las Cruces

On July 13 at the New Mexico State University Physical Science Laboratory hangar at the Las Cruces International Airport, the ARCA Space Corporation announced it is relocating its North American headquarters to Las Cruces. Continue reading →

MQ-4C Triton Gets Enhanced Air-to-Air Radar

U.S. Navy unmanned aircraft experts are asking Northrop Grumman Corp. to correct deficiencies in the air-to-air radar system aboard theMQ-4C Triton maritime patrol UAV before making a production decision on the Triton by the end of this year. Continue reading →