– Epirus has announced the introduction of Leonidas Expeditionary, developed as part of a $5.5 million contract award from the U.S. Navy’s Office of Naval Research (ONR). Continue reading
Category Archives: Business News
Zulu Pods Receives Phase 2 SBIR Award from US Navy
– Zulu Pods Inc. has been awarded a Phase 2 Small Business Innovation Research (SBIR) award by the Office of Naval Research (ONR), part of the Department of the Navy (DoN). The award will focus on continued efforts to develop novel, innovative fluid delivery systems for next generation jet engines used in Unmanned Aerial Vehicles. Continue reading
US Army Selects LIFT Aircraft and Near Earth Autonomy to Develop Uncrewed Casualty Evacuation System
– LIFT Aircraft announced that it has been awarded a contract by the US Army Applications Laboratory (AAL) to design a medical multi-mission modular payload, a container that can carry blood supply and casualty evacuations (CASEVAC). Continue reading
Porsche Acquires Stake in Quantum Systems
With the investment of a double-digit million amount in Quantum-Systems GmbH, Porsche Automobil Holding SE is adding a fast-growing technology company from Germany to its portfolio. Continue reading
Kratos Gets $80M US Air Force Contract for 60 BQM-167A Target Aircraft Systems
– Kratos Defense & Security Solutions, Inc. has announced that Kratos has received a $79,870,161.48 Firm Fixed Price delivery order for the Lot 20 procurement of 60 aircraft, mission kits, certain flight consumables, and technical data for the BQM-167A Air Force Subscale Aerial Target (AFSAT) under a five-year base contract. Continue reading
Brazilian Air Force Buys New Hermes RQ-900 Replace Drone Lost in Flood Rescue Operations
On September 10th, Brazil’s Ministry of Defense published in the Official Gazette of the Union the Contract Extract No. 50/2024, regarding the replacement of a medium-altitude, long-endurance (MALE) Elbit Hermes 900 (RQ-900) drone for the Brazilian Air Force (FAB). Continue reading
FlightWave Gets $1.9M TACFI Award for Advanced Enhancements to Edge 130 VTOL
— FlightWave Aerospace has announced that it has secured a $1.9 million award through the U.S. Air Force’s Tactical Funding Increase (TACFI) program. Following the recent acquisition of FlightWave by Red Cat Holdings, Inc., the company will use the funding to support critical enhancements to the Edge 130 Vertical Takeoff and Landing (VTOL) system, now a part of Red Cat’s family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. Continue reading
Anduril Gets $9M US Army to Develop Launched Effects Technology
– Anduril Industries Inc., Washington, D.C., was awarded a $9,000,000 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract to develop and demonstrate launched effects technology using the Agile-Launched, Tactically Integrated Unmanned System. Continue reading