Joby Aviation, Inc., a company developing electric air taxis for commercial passenger service, has announced the acquisition of the autonomy division of Xwing Inc., a developer of autonomous technology for aviation. Continue reading
Category Archives: Business News
Titra to Integrate Airbus’ DeckFinder Airbus on ALPiN Drone for Naval Missions
Turkish drone-maker Titra is teaming with Airbus to modify the ALPiN unmanned helicopter so it can operate from naval platforms as well as take off and land autonomously, the former announced last week. Continue reading
NTT DOCOMO and Space Compass Partner with Airbus on HAPS to Invest USD$100M in AALTO
A consortium of Japanese businesses led by NTT DOCOMO, Inc. and Space Compass Corporation, together with Mizuho Bank Limited and the Development Bank of Japan Inc., has committed to invest USD$100m in AALTO HAPS Limited, which manufactures and operates the stratospheric, solar-powered Zephyr High Altitude Platform Station (HAPS). The investment will be made through the Japanese Consortium’s investment vehicle, HAPS JAPAN Corporation. Continue reading
Northrop Grumman and Andøya Space to Support Norway’s Long Term Defense Plan
Northrop Grumman Corporation and Andøya Space signed a Memorandum of Understanding formalizing their collaboration to support Norway’s Long Term Defense Plan. This includes developing advanced autonomous maritime intelligence, surveillance and reconnaissance capabilities to meet Norway’s priorities. Continue reading
CACI Provides Canadian Armed Forces with C-UAS Technology
CACI International Inc has announced that it was selected by the Canadian Armed Forces to deploy counter-uncrewed aerial systems (C-UAS) that will defeat uncrewed aerial vehicle threats, including small drones, which have increasingly become more sophisticated and deadly. Continue reading
Drone Startup Neros Raises $11M Funding from Sequoia
LA-based Neros, an autonomous drone startup founded about a year ago, has raised $10.9 million in a seed round from Sequoia Capital to build a new factory and manufacture more drones to sell to Ukraine. Continue reading
GA-ASI Awarded AI Smart Sensor Contract
General Atomics Aeronautical Systems, Inc. was awarded a $94,808,020 cost-plus-fixed-fee contract for research, development, test, and evaluation of Autonomy and Artificial Intelligence for the Smart Sensor Intelligence, Surveillance, and Reconnaissance (ISR) prototype. The work was awarded by the Army Contracting Command on April 30, 2024, with an estimated completion date of March 31, 2026. Continue reading
DroneShield Awarded $3.8M US Government Repeat Order
DroneShield Ltd has announced that it has received a repeat order of $3.8 million from a U.S. Government customer for a number of its C-UxS (Counter-UxS) systems. C-UxS refers to counterdrone systems targeting multi-domain aerial, ground and maritime surface drones. Continue reading