– Quantum Systems, a German drone manufacturer operating two plants in Ukraine, plans to double its drone production in the country, Ukraine’s Strategic Industries Ministry announced. Continue reading
Category Archives: Business News
Taiwan Teams Up with Czechia, Poland on Drones
Drone companies in Taiwan signed agreements with the Czech-Taiwanese Business Chamber (CTBC) and Polish company Farada Group Ltd this week, Aerospace Industrial Development Corp (AIDC) announced on FaceBook. Continue reading
PteroDynamics to Develop Next-Gen VTOL Drone for US Navy Critical Repair Cargo Missions
– PteroDynamics Inc., an innovator in autonomous vertical takeoff and landing (VTOL) aircraft systems, today announced an expansion of its contract with the U.S. Naval Air Warfare Center Aircraft Division (NAWCAD) to design, develop, and demonstrate in a maritime environment the next generation of its Transwing VTOL unmanned aerial system (UAS). Continue reading
Trump, Modi Announce New US-India Autonomous Systems Partnership
The United States and India are launching a new Autonomous Systems Industry Alliance (ASIA) aimed at boosting co-development and co-production of maritime drones and counter-drone systems. The announcement was made in a joint statement issued by President Donald Trump and Prime Minister Shri Narendra Modi during Modi’s recent official visit to Washington. Continue reading
AeroVironment Plans FreedomWerx Manufacturing Facility in Salt Lake City
– AeroVironment has announced the establishment of FreedomWerx, a state-of-the-art advanced manufacturing facility in Salt Lake City, Utah. The $42.25 million project is expected to create 500 jobs over the next five years. Continue reading
GA-ASI and CAE Sign Long-Term Agreement MQ-9B SkyGuardian Mission Trainer
– General Atomics Aeronautical Systems, Inc. and CAE have announced a long-term agreement for the development and production of the next-generation mission trainer for GA-ASI’s MQ-9B SkyGuardian remotely piloted aircraft system (RPAS). The contract with GA-ASI includes a firm order for 11 mission trainers, with the opportunity to deliver up to 50 devices over the next five years. Continue reading
Pierce Aerospace Team Awarded US Navy SeaPort NxG Contract
— Pierce Aerospace, a dual-use aerospace technology firm and global leader in drone Remote Identification technologies, announced that it was awarded a U.S. Navy SeaPort NxG Prime Contract along with teammates Allen Control Systems, Glassboard, HEKA, and InterSpatial Analytics. Continue reading
Baykar to Build Drone Factory in Indonesia
Baykar — an Istanbul-based private-owned firm specializing in unmanned aerial vehicles (UAV) — has partnered with Indonesian defense holding Republikorp to set up a joint venture for local drone production. The deal’s signing for this entity took place on the sidelines of Turkish President Recep Tayyip Erdogan’s talks with his Indonesian counterpart Prabowo Subianto at the Bogor Palace. Continue reading