The Minister of Defense of Ukraine Rustem Umierov announced that the the Swedish government will finance the production of Ukrainian long-range drones as part of military assistance. Continue reading
Category Archives: Business News
Northwest UAV Announces Distribution Partnership with Silvus Technologies
– Northwest UAV has partnered with Silvus Technologies to offer the most advanced wireless communications systems available on the market. Continue reading
Defense Innovation Unit Announces Software Vendors to Support Replicator
The Defense Innovation Unit (DIU) has announced contract awards to select software developers supporting the Replicator initiative. These vendors are playing a key role in advancing resilient command and control (C2) and collaborative autonomy solutions for all domain attritable autonomous (ADA2) systems. Continue reading
TEKEVER Raises $74M (70M Euros)
Funding round led by Baillie Gifford and backed by the NATO Innovation Fund. New strategic investors will support sustainable growth plan and facilitate geographic expansion into priority markets Investment will fund continued product innovation and scaling of production capacity.
Red Cat Selected for US Army Short Range Reconnaissance Program
– Red Cat Holdings, Inc. has been selected as the winner of the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record. The production selection was made after a test and evaluation process of Teal’s next generation sUAS, completed by the Army Project Management Office for Uncrewed Aircraft Systems, Army Maneuver Battle Lab, Army Test and Evaluation Command, and Army Operational Test Center. Continue reading
Anduril Industries Gets $200M Contract to Develop C-UAS for Marine Air Defense Integrated System
– Anduril has been awarded a $200 million, five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the U.S. Marine Corps to develop and deliver a Counter Unmanned Aerial System (CUAS) Engagement System (CES) for the Marine Air Defense Integrated System (MADIS). Continue reading
AeroVironment to Acquire BlueHalo
– AeroVironment, Inc. and BlueHalo LLC have announced the execution of a definitive agreement under which AV will acquire BlueHalo in an all-stock transaction with an enterprise value of approximately $4.1 billion, creating a more diversified global leader in all-domain defense technologies. Continue reading
Volz Servos to Supply Actuators for BETA Technologies Fly-By-Wire Aircraft System
– Volz Servos has signed a production agreement with BETA Technologies as an electromechanical actuator partner for the ALIA project. Continue reading