Business
Hepta Airborne , a Talinn, Estonia-based provider of end-to-end inspection and analysis tools for energy asset managers, announced completing a funding round of €2 million ($2.4M). The money was raised from investors led by SpeedUp Group and EIT InnoEnergy, along with previous investors, Contrarian Ventures, Expansion Capital,
Business
The Korea Aerospace Industries Ltd. (KAI) and Elbit Systems Ltd. signed a Memorandum of Understanding (MOU) to expand cooperation in the field of Unmanned Aircraft Systems (UAS). The cooperation will address potential UAS programs for the Korean Defense Forces, as well as additional global customers. The companies will cooperate to
Business
Pomerantz LLP announces that a class action lawsuit has been filed against AgEagle Aerial Systems, Inc. and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 21-cv-01991, is on behalf of a class consisting
Business
Latvian mobile innovator LMT and software company Dimetor have partnered to explore the integration of drones into VLL (very low level) airspace. This builds on earlier collaboration where the two companies succeeded in validating the viability of BVLOS drone flights using mobile networks. The current collaboration entails investigative research into
Military
AeroVironment, Inc. announced that its wholly-owned subsidiary Arcturus UAV, now operating under the AeroVironment brand, was awarded a competitive task order valued at approximately $7 million from the U.S. Special Operations Command (USSOCOM). The competitive task order is for a one-year period of performance, which started February
Military
The Australian government announced that it has agreed with Boeing Australia to co-develop a further three Loyal Wingman aircraft to advance the air-teaming vehicle, payloads and associated support and training capabilities. The agreement will increase the aircraft’s production capability to six aircraft for Royal Australian Air Force
Military
AeroVironment, Inc. announced that it secured a $5,922,461 firm-fixed-price U.S. Department of Defense Foreign Military Sales (FMS) contract award on December 22, 2020 to provide Puma 3 AE tactical UAS, training and support to a European allied nation. Delivery is anticipated by April 2021. "
Commercial
Axon a global supplier of connected public safety technologies, and Skydio, a U.S. drone manufacturer have announced a strategic partnership to offer Skydio's world leading autonomous drones to law enforcement and emergency responders via Axon's unmanned aircraft program, Axon Air. As a Skydio Elite Partner,
Business
Sagetech Avionics, an aerospace technology company providing situational awareness solutions for Unmanned Aerial Systems, and American Aerospace ISR (AA ISR) have signed a Memorandum of Understanding (MOU) to integrate Sagetech’s Detect and Avoid (DAA) system into the AA ISR AiRanger unmanned aircraft. The companies expect to have a certifiable
Business
EDGE, the UAE’s advanced technology group for defence and beyond, has agreed upon a memorandum of understanding (MoU) with Israel Aerospace Industries (IAI) - Israel's major aerospace and aviation manufacturer, to develop an advanced C-UAS (Counter-Unmanned Aircraft System) Solution tailored to the UAE market, with wider
Software
According to a study by the Center for Strategic and International Studies (CSIS), the U.S. Air Force “Remotely Piloted Aircraft” (RPA) or “Unmanned Aircraft Systems” (UAS), represent a low cost, high mission capable asset when compared to manned airplanes. The UAS reduced operation and maintenance costs remain a key
Propulsion
LiquidPiston, Inc., a developer of advanced rotary internal combustion engines, has announced the adaptation of its X-Engine technology for the United States Air Force to use in unmanned aerial systems (UAS) as well as “orbs” - urban air mobility (UAM) vehicles designed to carry people and cargo around. The X-