Category Archives: Business News

Event 38 and AviSight in Select Elsight’s BVLOS Connectivity Solution to Achieve Precise Data Collection in Oil & Gas Pipeline Inspections

Event 38 and AviSight, a provider of critical infrastructure inspections, announced the use of Elsight‘s Halo, an AI-based UAV connectivity solution, to enable beyond the visual-line-of-sight (BVLOS) inspections with precise data collection in extensive oil & gas pipeline inspections over difficult terrain. Continue reading →

Patria Acquires Nordic Drones

Patria has signed a bill of sale for the acquisition of the entire share capital of Nordic Drones Oy, a Finnish drone pilot trainer and manufacturer of drones designed for professional use. Nordic Drones has designed and delivered complete solutions and user training for various technical aerial photography as well as mapping, measurement, inspection, control and authority tasks for the needs of more than 100 companies and organizations. Continue reading →

Three Spanish Firms Join Forces to Develop New C-UAS System

Indra, Escribano and TRC have signed a partnership agreement to present a solution for counteracting drones (C-UAS) to meet the needs and requirements of the Spanish Armed Forces in the area of operations. The agreement provides for the formalization of a joint venture between Escribano and Indra, with TRC partnering the latter. Continue reading →

Red Cat to Acquire FlightWave Aerospace Systems

Red Cat Holdings, Inc. , a drone technology company integrating robotic hardware and software for military, government, and commercial operations, announced it has entered into a Letter of Intent (LOI) for the planned acquisition of FlightWave Aerospace Systems Corporation a provider of Vertical Take-off and Landing (VTOL) drone, sensor, and software solutions. Edge 130, FlightWave’s Blue UAS approved military-grade tricopter would, upon closing, be added to Red Cat’s line of unmanned Intelligence, Surveillance, and Reconnaissance (ISR) systems. Continue reading →