Thales and Telstra Team on Low Altitude Airspace Management

Thales and Telstra combine their expertise with a view to building a robust, safe and secure ecosystem that will enable the management of low altitude airspace for manned and unmanned aerial vehicles (UAVs). Thales and Telstra have jointly prototyped a data and communication solution to prepare the way for the integration of manned and unmanned traffic in Australian skies. Continue reading →

Kratos Acquires Florida Turbine Technologies

Kratos Mako Unmanned Tactical Aerial Platform (UTAP-22)

Kratos Defense & Security Solutions, Inc. announced that it has acquired an 80.1% interest in Florida Turbine Technologies, Inc. and FTT Core, LLC (collectively “FTT”), a leading technology company and innovation leader in advanced turbine engines, for $60 million, consisting of $33 million in cash and $27 million in Kratos common stock.  Kratos has an option to acquire the remaining 19.9% of FTT at a future date.  Continue reading →