Category Archives: Business News

Venezuela Acquires Chinese Skyfend Technology’s Hunter SHH100 Drone Killer

In early March 2024, Venezuela incorporated the Skyfend Hunter SHH100 anti-drone device into the arsenal of the Comprehensive Aerospace Defense Command (Codai) of the National Armed Forces. Engineered by the Chinese company Skyfend Technology, this portable system is adept at detecting, identifying, locating, and neutralizing unauthorized drones, addressing a growing concern in aerial security. Continue reading

Bankrupt PrecisionHawk Equipment to be Auctioned in April

An online only US Federal Bankruptcy auction of over (100) drones, more than (50) separate sensor units, (20) plus auxiliary cameras and lenses, auxiliary charging stations, and other items from PrecisionHawk, a national drone survey company that specialized in utility inspection, long range survey, agricultural survey, etc. will take place on April 2, 2024. Continue reading

Maldives Receives Six Bayraktar TB2 UCAVs Amid Tensions with India

Turkey has started supplying the Maldives with its combat drone, Bayraktar TB2, amid high tensions between the island nation and India. The agreement between the two countries foresees a supply of a command control station and six TB2 unmanned combat aerial vehicles (UCAVs) to meet the security requirements of Maldivian armed forces. Continue reading

Swarm Aero to Build Factory in Northwest Arkansas

Swarm Aero, a developer of large uncrewed aerial vehicle (UAV) swarms, has selected Northwest Arkansas as the site for its advanced, high-volume manufacturing of uncrewed aircraft. The company conducted a nationwide search, surveying potential locations in more than 20 states, and chose Northwest Arkansas for its robust skilled labor force, vibrant community and attractive business environment. Continue reading