Business
AeroVironment, Inc. announced that it was awarded a firm-fixed-price contract on Sept. 28, 2021 by the United States Special Operations Command (USSOCOM) for $20,321,973 for the procurement of Switchblade 600 tactical missile systems (TMS). Delivery is scheduled to be completed by January 2023. “Switchblade 600 is
Military
Northrop Grumman has received a $298.2 million contract modification to repair common unmanned aircraft system components for the U.S. Air Force. USAF tasked the company to service sensor suites, launch and recovery equipment and mission controls of both the MQ-4C Triton and RQ-4B Global Hawk platforms.
Business
Echodyne, the radar platform company, announced that the U.S. Department of Homeland Security (DHS), Customs and Border Protection (CBP) Innovation Team has awarded the company a $20M indefinite-delivery/indefinite-quantity (IDIQ) contract. The five-year agreement enables CBP to expand deployments of Echodyne’s industry-leading radars and
Business
Kratos Defense & Security Solutions, Inc. has announced that Kratos Unmanned Systems Division has been awarded a $17,677,612, 12-month cost plus fixed-fee contract to design and develop an Off Board Sensing Station (OBSS) Unmanned Aerial System (UAS) in support of Air Force Research Laboratory’s Autonomous
Propulsion
Advanced aerial mobility company H3 Dynamics has secured $26 million in Series B funding that it will use to accelerate its work to use hydrogen technology in its drones rather than the standard battery-powered model. “Air mobility contributes to just 6 percent of the total CO2 emissions in the
Business
High Eye, the Dutch manufacturer that produces the Long-Range VTOL UAV called the Airboxer, has signed a multi-year contract with Spain's UAV Navigation. The agreement includes the VECTOR-600 premium autopilot that meets ISO 9001:2015 standards and which is compliant with MIL-STD-810F (vibration,
Business
Northrop Grumman Aerospace Systems, San Diego, California, has been awarded a $50,882,788 definitized modification PZ0001 to settle the 407th Supply Chain Management Squadron undefinitized contract action order FA8539-21-F-0007. The delivery order provides for repair services for 36 critical common items for the RQ-4 Global
Business
Japan Airlines intends to lease or purchase up to 50 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon. The order, which sees JAL hold options to lease or purchase another 50 units, comes as it enters into a strategic partnership with Avolon, with the
Transport
Mesa Air Group, Inc. has signed an agreement with aerospace technology company Flirtey to order 4 delivery drones, with an option to order an additional 500 aircraft. The agreement marks Mesa becoming the first scheduled airline to launch drone delivery in the U.S. Mesa and Flirtey are initially focusing
Business
Korean Air Lines Co., South Korea's biggest carrier, announced that it has partnered with Boeing to jointly develop an unmanned aerial vehicle (UAV) in preparation for future mobility demand. Korean Air signed a memorandum of understanding with Boeing's subsidiary Insitu for technical cooperation to develop a
Commercial
Nordic Unmanned has announced the closing of the joint venture deal between Nordic Unmanned and Aeromon. The newly established joint company, NUAer, will combine the operational excellence and global reach of Nordic Unmanned and the world leading emission monitoring technology of Aeromon. The mission of NUAer is to support the
Business
The Drone Racing League (DRL), the world's premier, professional drone racing property, and Draganfly Inc., an award-winning drone solutions and systems developer, announced a multi-year partnership. The companies will launch DRL Labs, an innovation hub, to research and develop next generation drone technology that will advance