Nordic Unmanned ASA has signed a short term loan agreement to be repaid in August 2024. This short term loan is provided by the company’s existing lenders, and guaranteed by the main shareholder. Continue reading
Category Archives: Business News
US Department of Energy Laboratory Procures Fleet of AgEagle eBee X and eBee TAC Drones
AgEagle Aerial Systems Inc., a provider of full stack drone, sensors and software solutions for customers worldwide in the commercial and government verticals, has announce the procurement of a fleet of eBee X and eBee TAC drones by UT-Battelle, LLC, which manages and operates the Oak Ridge National Laboratory (ORNL) on behalf of the U.S. Department of Energy (DOE). Continue reading
Sweden Selects French Parrot Drone for Home Guard
Sweden has selected a drone from French company Parrot for its Home Guard military reserve unit. The project stipulated the procurement of Parrot’s Anafi USA small unmanned aerial vehicle (UAV), which is specifically designed to meet US Army requirements. Continue reading
BlueHalo and Eqlipse Technologies Combine to Improve Defense Technology Offer
BlueHalo announced that it will acquire Eqlipse Technologies, a provider of differentiated products and solutions to the Department of Defense (DoD) and Intelligence Community (IC). Bolstered by Eqlipse’s high-end technical talent and suite of innovative products, BlueHalo will deliver enhanced scale and broader capabilities to its customers, accelerating the development and fielding of its advanced defense technologies. Continue reading
BAE Systems to Enhance US Navy’s MQ-25A UAS with Next-Gen Vehicle Management System Computer
BAE Systems has been selected by Boeing to upgrade and modernize the vehicle management system computer (VMSC) for the U.S. Navy’s MQ-25 unmanned aerial refuelling system. Continue reading
WhiteFox Awarded $1M Phase I of a South Asia Drone Defense Contract
WhiteFox Defense Technologies, a supplier of advanced airspace management and counter-drone defense solutions, recently secured a significant $1 million contract. This milestone agreement, marking the first phase of a comprehensive multi-phase project, is aimed at bolstering the safety and protection of vital infrastructure and lives in South Asia. Continue reading
Australia to Invest a Further $260M on Next Generation Loyal Wingman Drone
The Australian Government has secured hundreds of highly skilled jobs while driving innovation in Australia’s local defence industry with the allocation of an additional A$399 million (USD 260M) for the ongoing development of the MQ-28A Ghost Bat. Continue reading
SkeyDrone Upgrades Antwerp-Bruges Port Area to Unifly’s NextGen UTM System
Unifly and SkeyDrone have announced a significant upgrade to the Port of Antwerp-Bruges’ (PoAB) Unmanned Aerial System Traffic Management (UTM), DronePortal, a cutting-edge UTM application developed by Unifly. Continue reading