Business
The French Minister of Armed Forces, Florence Parly, has announced that the Armament General Directorate (DGA) has signed an order to purchase eight additional H225Ms and a second VSR700 prototype from Airbus.The VSR700 is an unmanned aerial system being developed for the French Navy in partnership with Naval Group.
Business
Lilium GmbH has entered into a definitive business combination agreement with Qell Acquisition Corp., a publicly listed special purpose acquisition company. Qell, led by Barry Engle, a former president of General Motors North America, is focused on developing next-generation, sustainable mobility. Upon closing of the transaction, the company will be
Business
General Atomics, San Diego, California, has been awarded a $22,164,736 cost-plus-fixed-fee contract for the Demonstration Rocket for Agile Cislunar Operations (DRACO) - Track A program. Work will be performed in San Diego, California (71%); Louisville, Colorado (19%); Rockville, Maryland (3%); Seattle, Washington (4%); and Cullman, Alabama (3%), with
Business
Through its UPS Flight Forward subsidiary the company plans to purchase electric vertical takeoff and landing (eVTOL) aircraft from Beta Technologies (BETA) as part of its innovation-driven strategy to identify new ways to help small businesses with sustainable solutions. “This is all about innovation with a focus on returns for
Business
Altitude Angel, a global leading UTM (Unified Traffic Management) technology provider, has been selected by Dutch drone enterprise solutions innovator AirHub to power its operations management software platform. The AirHub platform offers drone operators one, easy-to-use, workflow to plan, execute and manage missions legally and efficiently. It provides operators with
Military
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $13,068,808 modification (P00001) to a previously awarded firm-fixed-price contract (N0001920C0031). This modification adds scope to procure mission kits, ground support equipment, spares, element communications gear, and additional required equipment in support of the MQ-9A Reaper unmanned air systems
Business
Velodyne Lidar, Inc. has announced a multi-year agreement with AGM Systems LLC, which provides state-of-the-art hardware and software technology for the collection, processing and analysis of air and mobile mapping data. AGM Systems will utilize Velodyne’s Ultra Puck lidar sensor in their new AGM-MS3 Unmanned Aerial Vehicle (UAV) mapping
Agriculture
XAG Co. Ltd., a Chinese manufacturer of agricultural drones and robots, is planning an initial public offering on its home market shortly after securing 300 million yuan ($46 million) of funding. Guangzhou-based XAG filed with local securities regulators for the flotation and hired Shenwan Hongyuan Securities for pre-listing tutoring, records
Military
AeroVironment, Inc. has announced its receipt of four firm-fixed-price orders totaling $11,527,074 from the NATO Support and Procurement Agency (NSPA) for Puma 3 AE tactical UAS and initial spares packages. The orders are part of a three-year base contract received from NSPA in January 2020. The contract includes
Business
Defense technology company Anduril Industries announced that it has acquired Area-I, a company that specializes in air launched effects (ALEs). The acquisition expands Anduril’s portfolio of unmanned aerial systems, creates new opportunities for its software-defined capabilities such as mission autonomy and intelligent teaming and significantly accelerates the company’s
Commercial
Schiebel has won another significant contract with the European Maritime Safety Agency (EMSA). Schiebel, with its CAMCOPTER S-100, is yet again one of the service providers for EMSA’s Remotely Piloted Aircraft System (RPAS) operations carrying out ship emission monitoring and general maritime surveillance for EU member states. The scope
Military
Massachusetts-based Ascent AeroSystems announced that it has received a follow-on order for its Spirit unmanned aerial systems (UAS) and signed an agreement to expand existing business and technical cooperation with Dynetics, a wholly owned subsidiary of Leidos. "Dynetics and Ascent AeroSystems have built a strong relationship over the last