PrecisionHawk, which uses a small, lightweight UAV and cloud-based software to collect, process and analyze aerial data, today announced that Intel Capital has joined its previously announced Series B funding round of $10 million. The new investor announced its participation at the Intel Capital Global Summit, which brings together more than 1,000 founders and CEOs from Intel Capital’s portfolio, Fortune 1000 business executives and industry leaders from around the world.
Category Archives: Business News
Airbus & DCNS to Develop Ship-Based Tanan
Airbus Defence and Space and DCNS have signed a cooperation agreement to develop a ship-based variant of Airbus DS TANAN unmanned helicopter Unmanned Aerial System. TANAN has been developed to address the naval sector’s specific requirements for an aircraft that would offer efficient integration onto all types of armed vessels. Continue reading
Insitu Announces ScanEagle 2
Insitu has announced ScanEagle 2, the next generation of its revolutionary ScanEagle platform. Leveraging lessons learned from more than 800,000 operational hours, ScanEagle 2 provides increased payload power and expanded payload options, a more robust navigation system, better image quality due to a fully digital video system and a state-of-the-art, purpose-built propulsion system. The aircraft’s new architecture also maximizes commonality with all Insitu systems, reducing training, hardware and life-cycle costs.
UMS Demonstrates Tactical UAS in Uruguay
The Swiss/Swedish based Unmanned System developer and manufacturer, UMS Group AG, recently demonstrated their tactical fixed wing UAS, the F-330 to a delegation of over 60 VIPs including the Minister of Defence, in Uruguay, making them the first ever European UAS provider to fly an Unmanned System in the country. Continue reading
Blue Bear and e-Go Announce MOU
Blue Bear Systems Research. and e-Go aeroplanes have just announced their signing of a Memorandum of Understanding (MOU) for the two companies to work together as partners in the research, testing, support and training for the e-Go platform as an optionally piloted system (OPA), which would be based on the e-Go Single Seat Deregulated (SSDR) aircraft, and would have Blue Bear’s equipment embedded to facilitate unmanned operations. Continue reading
China Will Be UAV Market Leader in 10 years
China will become the world’s largest manufacturer of unmanned aerial vehicles within the next decade, according to a report from Russia’s Military-Industrial Courier.
Unmanned Dominator Pitched for Maritime Surveillance
Aeronautics Defense Systems is offering its Dominator XP unmanned platform for maritime surveillance applications. Deputy chief executive Dany Eshchar points to a growing demand for such a long-endurance asset to help protect nations’ exclusive economic zones and monitor offshore infrastructure such as natural gas pumping installations.
Formic Acid Reformer-Based Fuel Cells for UAS
Neah Power Systems, Inc. will be partnering with Silent Falcon UAS Technologies (‘Silent Falcon’) to integrate the formic acid reformer (Formira™) based fuel cell technology into the Silent Falcon UAV. The fuel cell could significantly increase the mission endurance by between two times to three times the current duration, as well as enable heavier payloads. Formic acid is a safe, energy dense fuel, allowing easy handling, distribution, and refueling in remote locations worldwide, unlike compressed hydrogen.