– General Atomics Aeronautical Systems, Inc. announced an investment in another Dutch business, Arceon, following the inaugural Blue Magic Netherlands (BMN) event held in November 2024. Continue reading
Category Archives: Business News
Auterion and Taiwan’s NCSIST Announce Strategic Partnership to Power Next-Generation Defence Drones
– Auterion, the defence technology company behind a leading open-source autonomy ecosystem, has announced its strategic partnership with Taiwan’s main defense prime, the National Chung-Shan Institute of Science and Technology (NCSIST). Continue reading
SRC to Deliver Counter-UAS Technologies to Qatar as Part of Landmark $1B Agreement with U.S.
– SRC, Inc., a not-for-profit defense research and development company, announced that it will deliver a suite of its advanced counter-unmanned aircraft systems (C-UAS) technologies to international buyers as a part of a historic $1 billion foreign military sales agreement between the U.S. government and the State of Qatar. Continue reading
Diehl Defense and POLARIS Partner on Airborne Launch System
Helmut Rauch, CEO Diehl Defence, and Dr. Alexander Kopp, CEO POLARIS Raumflugzeuge GmbH, signed an exclusive cooperation agreement at the Paris Air Show. Both companies are jointly pursuing innovative approaches for new airborne defence systems. Continue reading
Front Line Drone Technology to Fuel UK – Ukraine Partnership
A landmark agreement between the UK and Ukraine to share battlefield technology has been reached, boosting Ukraine’s drone production and linking up the UK’s defence industry with the cutting-edge technology being developed on the front lines in Ukraine. Continue reading
KONGSBERG to Develop Missiles and Drone Boats in Ukraine
During a visit to the Ukrainian capital, Eirik Lie, President of Kongsberg Defence & Aerospace, and a Ukrainian partner, signed a memorandum of understanding (MoU) to jointly develop and produce air defence missiles that can be used against various targets, such as drones. Continue reading
Thales, Skydweller to Offer Solar-Powered Drone for Month-Long Patrols
– Skydweller and Thales are strengthening their collaboration by equipping Skydweller’s unmanned solar powered aircraft (MAPS) with a new solution consisting of the AirMaster S radar, equipped with Artificial Intelligence features allowing optimal and autonomous adaptation to the specific flight conditions. Continue reading
Spotify’s Daniel Ek Leads $690M Investment in German Drone Maker Helsing
– Helsing, a leading European defence technology company, announced its €600 million ($690M) Series D funding round. The round was led by Prima Materia, alongside existing investors Lightspeed Ventures, Accel, Plural, General Catalyst and SAAB and new investors BDT & MSD Partners. Continue reading