Category Archives: Business News

Patria Acquires Nordic Drones

Patria has signed a bill of sale for the acquisition of the entire share capital of Nordic Drones Oy, a Finnish drone pilot trainer and manufacturer of drones designed for professional use. Nordic Drones has designed and delivered complete solutions and user training for various technical aerial photography as well as mapping, measurement, inspection, control and authority tasks for the needs of more than 100 companies and organizations. Continue reading

Three Spanish Firms Join Forces to Develop New C-UAS System

Indra, Escribano and TRC have signed a partnership agreement to present a solution for counteracting drones (C-UAS) to meet the needs and requirements of the Spanish Armed Forces in the area of operations. The agreement provides for the formalization of a joint venture between Escribano and Indra, with TRC partnering the latter. Continue reading

Red Cat to Acquire FlightWave Aerospace Systems

Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announced it has entered into a Letter of Intent (LOI) for the planned acquisition of FlightWave Aerospace Systems Corporation a provider of Vertical Take-off and Landing (VTOL) drone, sensor, and software solutions. Edge 130, FlightWave’s Blue UAS approved military-grade tricopter would, upon closing, be added to Red Cat’s line of unmanned Intelligence, Surveillance, and Reconnaissance (ISR) systems. Continue reading

Rheinmetall’s Skyranger 30 to Integrate MBDA’s Small Anti-Drone Missile

To close the existing capability gaps in mobile defence against drones at short range, Rheinmetall Electronics and MBDA Deutschland signed a corresponding Letter of Intent (LOI) at ILA 2024. The companies intend to integrate MBDA’s Small Anti Drone Missile (SADM) into the Skyranger 30 and other Rheinmetall military vehicles. Continue reading

Airbus and Helsing to Collaborate on AI for Teaming of Manned and Unmanned Military Aircraft

Airbus Defence and Space and Helsing, a European defence AI and software company, signed a framework cooperation agreement at the ILA aerospace trade show in Berlin. According to the agreement, the companies will work together on artificial intelligence (AI) technologies which will be used in a future Wingman system. Continue reading