Skydio has announced plans to invest $3.5 billion in the United States over the next five years to expand its domestic manufacturing, accelerate R&D, and strengthen American supply chains. Continue reading
Category Archives: Business News
Rheinmetall Gets Multi-Billion Loitering Munition Contract from German Army
Rheinmetall has received a major order from the Bundeswehr for FV-014 loitering munition systems. A contract to that effect was signed on April 22nd in Koblenz. Deliveries are scheduled to begin in the first half of 2027, following qualification from the second quarter of 2026. Continue reading
Beehive Industries Gets $30M U.S. Air Force Contract by for Frenzy Engine Family Development
Beehive Industries, an American manufacturer of advanced propulsion systems for unmanned aerial defence applications, announced that it has been awarded a $29.7 million contract from the U.S. Air Force to complete vehicle integration, flight testing, and qualification of the company’s 200 lbf Frenzy 8 engine—a pivotal step toward operational readiness and scalable production of Beehive’s flagship propulsion product.
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Shaheds for $41K Available Online from China
This turned up unannounced in our mailbox over the weekend – an offer from a Shenzen-based online retailer, XingkaiUAV. They claim to provide turn-key drone solutions and one-stop services for UAV platforms.
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UK Announces Biggest Ever Package of 120,000 Drones for Ukraine
The UK has announced the biggest ever drone package for Ukraine, delivering at least 120,000 drones for Ukraine this year and driving growth and jobs across the UK. Continue reading
Zelenskyy and Merz Shown Seven Types of Ukrainian‑German Joint Ventures Drones
In Berlin, ahead of a bilateral meeting, President of Ukraine Volodymyr Zelenskyy and Federal Chancellor of Germany Friedrich Merz were shown seven types of drones manufactured by Ukrainian enterprises, for which memoranda have already been signed on the potential establishment of joint Ukrainian‑German ventures. Continue reading
Auterion Airlogix JV Gets First German Contract for Autonomous Strike Systems
Germany has signed a cooperation agreement with Ukraine to enable the Auterion Airlogix Joint Venture GmbH to execute its first production contract for thousands of mid range, heavy AI-guided autonomous strike systems. Continue reading
Quantum Systems Announces Additional German-Ukrainian Joint Ventures
During the Ukrainian-German government consultations in Berlin, Quantum Systems announced the establishment of two additional joint ventures under the “Build with Ukraine” initiative, further expanding industrial cooperation between Germany and Ukraine. Continue reading