Britain and France plan to sign a memorandum of understanding for the study of a combat UAS bringing their Air Forces closer to an advanced fighter programme worth billions, defence ministry spokespersons of the two countries said. Continue reading
Category Archives: Business News
US Blacklists Hezbollah Agents Buying UAS Components
The United States moved to blacklist a group of companies it said covertly helped Lebanon’s powerful Hezbollah militia acquire components for surveillance UAS.
Amazon Applies to FAA for Permission to Start Test Flights
Amazon wants to start flying its UAS, moving from what some called a PR stunt, to a true delivery business. But to do that, they need to conduct test flights. The company has now formally requested an exemption from Federal Aviation Administration rules that largely prohibit the use of UASfor commercial purposes.
Russian UAS with Air-Cushion Landing
Russia’s United Instrument-Making Corporation, a Rostec subsidiary, presented the unique and innovative Chirok UAS at the Innoprom international technology exhibition, the press service of the state corporation reported.
AeroVironment Swings to Profit
Boosted by an increase in sales, Monrovia-based drone maker AeroVironment Inc. exceeded analyst estimates and reported $8.1 million in fiscal fourth-quarter profit, a turnaround from the same period a year earlier. Continue reading
Amazon Prime Air Seeks PR Person
We’re looking for a communications leader for Amazon Prime Air, a new delivery system that will get packages into customers’ hands in 30 minutes or less using unmanned aerial vehicles. In this role, you will develop and execute on the communications program for an innovation coming out of our next generation R&D lab. This is a high-visibility position where you’ll work directly with Amazon senior executives and be an integral part of Amazon’s Strategic Communications team.
CybAero Wins $104M Order from China
Swedish firm, CybAero has landed an order guarantee worth $104 million over eight years to China for its unmanned helicopters. The order was placed by a company in the Aviation Industry Corporation of China (AVIC) group, which develops and manufactures aircraft and various types of flying vehicles and has over 400,000 employees. Continue reading
KAI Gears up to Develop Weaponized Stealth UAS
Korea Aerospace Industries (KAI) makes FA-50 fighter jets, supersonic trainer T-50s, which the light attacker was based on, and the Surion utility helicopter at a facility as big as three soccer fields on the country’s southern coastal. Now it seeks to expand its portfolio to accommodate the defence needs of Korea’s armed forces, as well as those of its allies.