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
Category Archives: Business News
Japan’s Terra Drone Invests in Aloft Technologies to Enter US Market
Terra Drone Corporation, a drone and Advanced Air Mobility technology provider headquartered in Japan, has announced an investment in Aloft Technologies , a company focusing on developing UTM, and a provider of drone fleet and airspace management in the United States. 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
DroneShield Gets $4.3M US Government Repeat Contract
DroneShield Ltd has announced that it has received a repeat order of $4.3 million from a U.S. Government customer for a number of its handheld C-UAS systems. Continue reading
US Army Wants $120M for LASSO Kamikaze Drones in Fiscal 2025
The US Army is asking lawmakers for $120.6 million to procure Low Altitude Stalking and Strike Ordnance (LASSO) production systems in fiscal 2025 as the U.S. military moves to beef up its arsenal of loitering munitions. Continue reading
General Atomics Gets $250M Taiwan MQ-9B SkyGuardian Procurement Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a not-to-exceed $250,063,810, undefinitized contract action for Taiwan MQ-9B SkyGuardian procurement. 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