Category Archives: Business News

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

Sentrycs Gets Multi-Million-Dollar C-UAS Deal in Latin America

Sentrycs, a provider of cutting-edge counter-UAS solutions, has been awarded a multi-million-dollar contract in Latin America for a national defense project. The project marks a significant milestone as the largest installation of counter-drone systems in the region, demonstrating Sentrycs’ unparalleled technological capabilities in addressing the growing threats posed by drones in high-risk environments. Continue reading

Ukraine and Boeing Defense Discuss Joint UAV Production

Ukraine continues to strengthen its defense partnerships, with the Minister of Defense Rustem Umerov holding negotiations with a delegation from Boeing Defense, led by Executive Director Steven Parker. The discussions focused on expanding cooperation in the production of ammunition and aerial weapons, with a particular emphasis on the potential for joint UAV manufacturing. Continue reading

Elistair Gets $3M Contract for Small Tethered UAS from Allied Military Force

Elistair, a global supplier of tethered unmanned aerial systems (UAS) for surveillance and reconnaissance, announced that it has been awarded a €3 million contract to supply tethered small UAS to an allied military force. This contract, secured in collaboration with the world-leading robotics and autonomous systems developer Milrem Robotics, involves the delivery of Khronos tethered small UAS, as well as initial spares, training, and support. Continue reading

IMSAR & TEKEVER Partner to Enhance UAS with Advanced SAR Technology

IMSAR, a U.S.-based developer of Synthetic Aperture Radar (SAR), has signed a two-year agreement with TEKEVER to integrate advanced SAR technology into TEKEVER’s drone platforms. This partnership focuses on enhancing intelligence, surveillance, and reconnaissance (ISR) capabilities by combining TEKEVER’s UAV expertise with IMSAR’s high-performance radar systems, creating a more powerful and efficient airborne monitoring solution. Continue reading