The board of directors of Nordic Unmanned ASA on 3. February 2025, resolved to file a petition for bankruptcy at Sør-Rogaland tingrett (Sør-Rogaland District Court). Continue reading
Category Archives: Business News
Dufour Aerospace Teams with Volatus Aerospace
– Dufour Aerospace, the Swiss drone manufacturer, has signed a strategic teaming agreement with Volatus Aerospace Inc., a global supplier of aerial solutions. This partnership paves the way for the worldwide deployment of Dufour’s Aero2 drone—bringing smarter, more efficient aerial logistics, mapping, and surveillance solutions to industries and communities that need them most. Continue reading
Baykar Sets Up Strategic Drone Maintenance Hub in Morocco
Turkish drone manufacturer Baykar has established a subsidiary in Morocco to set up a maintenance facility for the unmanned aerial vehicles (UAVs) it has sold to Rabat, according to Middle East Eye. The subsidiary, named “Atlas Defence,” was officially registered with the Moroccan Trade Registry on December 5, 2024. According to an announcement published in Morocco’s Official Gazette No. 5857 on January 29, 2025, the Rabat-based company has a capital of 2.5 million dirhams ($680,000). Continue reading
Netherlands to Buy Rheinmetall Anti-Drone Cannons for $1.35 Billion
The Netherlands plans to buy 22 Skyranger mobile air-defense cannons from Germany’s Rheinmetall to protect ground troops against the increased threat of drones, in a project with a budget of €1.3 billion (US$1.35 billion), the Dutch Ministry of Defence said. Continue reading
Insitu Gets $25M US Navy Support Contract
– Insitu Inc., Bingen, Washington, was awarded a $25,667,674 firm-fixed-price order (N0001925F0180) against a previously issued basic ordering agreement (N0001921G0007). Continue reading
Piaggio Aerospace and Baykar Sign Preliminary Business Contract
The preliminary contract for the transfer of the business complexes of Piaggio Aero Industries and Piaggio Aviation – the two companies operating under the Piaggio Aerospace brand – to the Turkish Company Baykar has been signed. Continue reading
Shield AI V-BAT Selected as Japan Maritime Self-Defense Force’s First Maritime ISR Platform
– Shield AI, the defense technology company building an AI-powered autonomy software platform and tools for the world, announced that its V-BAT unmanned aircraft system (UAS) has been selected by the Japan Maritime Self-Defense Force (JMSDF) as the country’s first-ever maritime-based intelligence, surveillance, and reconnaissance (ISR) platform. Continue reading
Scandinavia’s Kriton Gets $31M Contract for Advanced Optical Assemblies for UAV Market
– Kitron has entered into a significant long-term contract for the production and services of advanced optical assemblies tailored for the Unmanned Aerial Vehicle (UAV) and drone market. Continue reading