– Near Earth Autonomy Inc., Pittsburgh, Pennsylvania, was awarded an $11,499,839 firm-fixed-price contract to design, develop and conduct a demonstration of heavy vertical takeoff and landing systems. Continue reading
Category Archives: Business News
HHLA Sky and Third Element Aviation Merge to Strengthen European Drone Technology
– HHLA Sky, an innovator in mobile robotics, has announced its merger with drone manufacturer Third Element Aviation. This union between long-standing partners establishes a European provider specializing in the automation of drone and mobile robot fleets on an industrial scale. Continue reading
BRINC Secures $75M, Forms Strategic Alliance with Motorola Solutions to Scale Production
– BRINC, an American manufacturer of emergency response drones, has announced that it has raised $75 million in new funding. This capital will be used to accelerate the development and production of BRINC’s lifesaving drone technology. Continue reading
UVision Acquires Trim Robotics, Expanding its Loitering Munition Capabilities
– UVision USA, a manufacturer of loitering munition systems, announced the acquisition of Trim Robotics, a cutting-edge developer of next-generation rotary-wing high maneuver loitering munitions. Continue reading
AeroVironment Stockholders Approve $4BN Acquisition of BlueHalo
– AeroVironment stockholders have approved the issuance of AV common stock for the acquisition of the defense engineering company BlueHalo. In a statement posted Tuesday, Wahid Nawabi, chairman, president and CEO of AV, said the milestone will enable his company to move forward with BlueHalo’s acquisition and turn AV into a leading defense technology company. Continue reading
Hoverfly and BlueHalo Partner to Elevate Passive Counter-UAS and Electronic Warfare Technologies
– Hoverfly Technologies, a supplier of tethered unmanned aerial systems (TeUAS), announced its latest integration partnership with BlueHalo which brings BlueHalo’s Titan-SV passive RF sensing solution onto Hoverfly’s Blue List Certified Spectre TeUAS, augmenting Counter-Unmanned Aerial System (C-UAS) operations with uninterrupted signal detection and threat monitoring. Continue reading
US Government Approves Sale of SeaGuardian UAS to Qatar
The State Department has made a determination approving a possible Foreign Military Sale to the Government of Qatar of the MQ-9B Remotely Piloted Aircraft and related equipment for an estimated cost of $1.96 billion. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on March 26. Continue reading
Airbus Partners with Drone Forge to Market Flexrotor in Asia Pacific
Australian aerospace start-up Drone Forge and Airbus have signed a Letter of Intent (LOI) to collaborate on the deployment and operational integration of the Flexrotor unmanned aerial system. Continue reading