Lithuania plans to spend EUR 30 million (USD 32.6M) annually on developing its unmanned aerial vehicle systems, reveals Deputy Minister of National Defence Žilvinas Tomkus following a hearing of a parliamentary committee. Continue reading
Private-Equity Firm Acquires Kaman for $1.8 BN
Kaman Corp. announced that it has entered into a definitive agreement to be acquired by Arcline Investment Management, L.P., a growth-oriented private equity firm with deep experience investing in technology-driven, meaningful-to-the-world industrial businesses, in an all-cash transaction with a total enterprise value of approximately $1.8 billion. Continue reading
USAF MQ-9 Downed in Iraq by Iranian-Provided Missile
An American MQ-9 Reaper drone crashed in northern Iraq on Jan. 18, as the U.S. continues to fend off attacks from Iran-backed militias, U.S. officials told Air & Space Forces Magazine. Continue reading
UK Royal Navy $13 Per Shot Laser Downs Drones in Test Fire
A laser weapon which could be fitted to future generations of Royal Navy warships has successfully destroyed aerial drones for the first time. Continue reading
Chinese Knockoff of Iranian Drone Sold on Alibaba
A Chinese company reportedly knocked off an Iranian military drone, no less, and listed it for sale on Alibaba online marketplace. Continue reading
YellowScan Launches the YellowScan Navigator Bathymetric System
YellowScan, a global designer of the next generation of manned and unmanned LiDAR solutions, announced the release of its new bathymetric system, the YellowScan Navigator, at the world’s most powerful tech event – CES 2024. Continue reading
EDGE and Baykar Collaborate on Payload Integration onto Baykar’s UAVs
EDGE, a leading advanced technology and defence groups, and Baykar, an international leader in unmanned aerial vehicle (UAV) and artificial intelligence technology, are currently collaborating to integrate EDGE smart weapons onto Bayraktar UAVs. Continue reading
FBI and CISA Warn of National Security Risks with Chinese Drones
Chinese-made drones “continue to pose a significant risk to critical infrastructure and US national security” and companies should be wary of using them, the FBI and Cybersecurity and Infrastructure Security Agency warned in a new memo issued Wednesday. Continue reading