The Japanese cabinet has approved the purchase of six V-BAT unmanned aerial vehicles as part of the defense budget proposal for fiscal 2025. Continue reading
Category Archives: Business News
SEALSQ Brings Quantum Technology to UAV Markets
– SEALSQ Corp., a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, recently announced that it is bringing its quantum technology to the rapidly expanding market of professional drones and Unmanned Aerial Vehicles (UAVs) and professional drones. Continue reading
Elbit Systems Gets $60M Contract to Supply C-UAS Solution to a NATO European Country
– Elbit Systems Ltd. has been awarded a contract worth approximately $60 million to supply its multi-layered Counter Unmanned Aerial Systems (C-UAS) to a NATO European country. The contract will be performed over a period of 3 years. Continue reading
Baykar Acquires Piaggio Aerospace
The Ministry of Business and Made in Italy has authorized the Extraordinary Commissioners of Piaggio Aero Industries and Piaggio Aviation – the two companies in extraordinary administration that operate under the Piaggio Aerospace brand – to proceed with the sale of all the business complexes conducted to the Turkish company Baykar MakinaSanayi Ve Ticaret Anonim Sirketi (“Baykar”), a leading company in the development and production of UAV (unmanned aerial vehicles) systems and advanced aerospace technologies. Continue reading
AgEagle Aerial Systems Completes Order for eBee VISION Drones from Danish Ministry of Defence
– AgEagle Aerial Systems Inc. has announced a recent expansion upon its existing eBee X drone fleet for the Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) with the sale and delivery of three eBee VISION drones. Continue reading
Kalashnikov Concern Delivers SKAT 350 M UAV to State
Kalashnikov Concern has completed delivery of a batch of SKAT 350 M unmanned aerial vehicles to the State Transport Leasing Company (GTLK). The devices are intended for use in the civilian sector of the economy, the concern’s press service said. Continue reading
SpearUAV Gets $20M Contract for Advanced VIPER 300 AI-Based Loitering Munition Systems
– SpearUAV, a developer of artificial intelligence (AI) based autonomous aerial weapon systems that are “folded” and launched from a capsule, announced a significant contract award from an un-disclosed customer in the value of $20 million. Continue reading
General Atomics Gets $48M French Air Force MQ-9 Maintenance Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a face value $48,482,812 cost-plus-fixed-fee contract modification (P00021) to a previously awarded contract (FA8689-22-C-2017) to exercise an option for continued sustainment of the French Air Force MQ-9 unmanned aerial system program fleet. Continue reading