A senior U.S. Navy official on Tuesday said improved reliability may allow the Navy to buy fewer than the 68 Northrop Grumman Corp high-altitude, unmanned Triton aircraft now planned. Continue reading
Category Archives: Business News
PrecisionHawk Raises $10M to Expand
PrecisionHawk, an information delivery company that uses a small, lightweight UAV [Unmanned Aerial Vehicle] and cloud-based software to collect, process and analyze aerial data, today announced it has closed a Series B financing round of approximately $10 million led by New York City-based investor Millennium Technology Value Partners. Continue reading
Richard Branson Invests in 3D Robotics
Billionaire entrepreneur and Virgin Group founder Richard Branson just made it official on Monday that he became the latest investor in 3D Robotics, a commercial drone company founded by ex-Wired Magazine chief editor Chris Anderson. Continue reading
$354 M USAF Contract for 3 RQ-4 Global Hawks
The U.S. Air Force has awarded Northrop Grumman a $354 million primarily firm-fixed-price contract to expand their RQ-4 Global Hawk unmanned aircraft system (UAS) fleet by three aircraft. Continue reading
Orbital Delivers First ScanEagle Engine to Insitu
Orbital Corporation Limited (Orbital) has delivered the first purpose-built ScanEagle Unmanned Aerial Vehicle (UAV) propulsion system to Insitu Inc, a subsidiary of The Boeing Company, for in-house testing and development. Designed specifically for Small Unmanned Aircraft Systems (SUAS) class UAVs, it is the first reciprocating internal combustion propulsion system to be engineered from the ground up for unmanned aerospace application. Continue reading
Boeing to Assist Sky-Watch on Danish UAV Project
Polish UAV Producers Target Domestic Sales
Poland’s MSPO defence show in Kielce saw several local companies exhibit new unmanned air systems (UAS) for the first time, as they pursue emerging requirements with the nation’s armed forces.
General Atomics Gets $41M Reaper Software Contract
General Atomics – Aeronautical Systems Inc., Poway, California, has been awarded a $40,906,190 cost-plus-fixed-fee order (0033) on contract FA8620-10-G-3038 for development of requirements description documents for the MQ-9 Reaper Block 1 Unmanned Aerial System (UAS) and the MQ-9 Reaper Block 5 UAS with the 904.6.0 system/software release. Continue reading