AeroVironment, Inc. announced that it received $16,472,298 in additional funding to perform on Aug. 10, 2012 from the United States Army under a contract action with a total projected value of $65,889,191. The company announced the initial $15.8 million funding of that contract action on June 1, 2012. Continue reading
Category Archives: Business News
AeroVironment Posts 1st Quarter Loss of $1.4M
AeroVironment Inc. posted a first-quarter loss of $1.4 million, or 6 cents a share, brought on by decreased sales of its unmanned aircraft. Continue reading
Pentagon Lists 66 Countries Eligible to Buy American UAS
As many as 66 countries would be eligible to buy American UAS under new Defense Department guidelines but Congress and the State Department, which have a final say, have not yet opened the spigots for exports, a senior Pentagon official said on Wednesday. Continue reading
Hermes 900 and Heron 1 in Final Flight Tests for Swiss Air Force Contract
In-flight evaluations will take place in September and October on the Emmen airbase for the acquisition of new unmanned aircraft reconnaissance system (ADS 15). Continue reading
Space Computer Gets $2M US Air Force Contract for Hyperspectral Sensors for MQ-1 Predator
U.S. Air Force researchers are choosing embedded computing experts at Space Computer Corp. in Los Angeles to upgrade sensor processing in the Air Force Airborne Cueing and Exploitation System Hyperspectral (ACES Hy) side-mounted persistent-surveillance sensor for the MQ-1 Predator. Continue reading
Innocon Reveals Spider for Indian UAS Contest
Israeli manufacturer Innocon has unveiled its candidate for a requirement to supply a new class of unmanned aircraft system to the Indian Air Force and Navy. Continue reading
Ascent Solar Technologies Powers Silent Falcon
Ascent Solar Technologies, Inc. (ASTI), a developer of state-of-the-art, flexible thin-film photovoltaic modules, announced that it is collaborating with Silent Falcon UAS Technologies and Bye Aerospace to provide its lightweight, flexible copper-indium-gallium-diselenide (CIGS) photovoltaics to power the Silent Falcon unmanned aircraft system (UAS). Continue reading
Science Applications International Corporation Gets $35M US Air Force Ground Control Support Contract
Science Applications International Corporation announced it was awarded a prime contract by the United States Air Force Special Operations Command (AFSOC) to provide Remotely Piloted Aircraft (RPA) Ground Control Station (GCS) and Combined Operations Center (Combined Ops Ctr) support. Continue reading