Vietnam has acquired the Orbiter 2 unmanned air system (UAS) for use as an aerial forward observation asset for its artillery corps. Continue reading
Category Archives: Business News
Micro Systems Gets $5M US Navy Control System Order
Kratos Defense & Security Solutions, Inc. announced that its Micro Systems, Inc. subsidiary of the Kratos Unmanned Systems Division (KUSD) recently received a delivery order from the U.S. Navy valued at $4.8 million for unmanned aerial system command and control systems and services.
AeroVironment Gets $22 M RQ-12 Wasp AE S Order for US Marine Corps
AeroVironment, Inc. announced it has received a firm fixed-price order valued at $21,779,408 for RQ-12 Wasp®AE small unmanned aircraft systems (UAS) and initial spares packages for the United States Marine Corps. Continue reading
DroneDeploy Raises $2M in Seed Funding
DroneDeploy, a startup that makes it possible for just about anyone to fly small drones and analyze the images they capture using a tablet or smartphone, has raised $2 million in seed funding. Investors included SoftTech VC, Data Collective, Red Point Ventures, Draper Fisher Jurvetson and AngelPad.
Northrop Grumman Gets $78M USAF Global Hawk Spare Parts Order
Northrop Grumman Aerospace Systems, San Diego, California, has been awarded a $78,066,102 firm-fixed-price delivery order under a basic order agreement for initial Global Hawk Block 40 spare parts. Continue reading
AeroVironment Gets $19M DARPA TERN Phase 2 Contract
AeroVironment Inc., Monrovia, California, has been awarded a $19,035,007 modification (P00002) adding Phase II base period within the general scope of the cost-plus-fixed-fee contract (HR0011-13-C-0099) for the Tactically Exploited Reconnaissance Node (TERN) programme. Continue reading
US Navy Says Better Reliability Could Trim Triton Order
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
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