Business
AgEagle Aerial Systems Inc. a drone systems and solutions provider, announced the Company has agreed to acquire MicaSense, Inc. from Parrot, Europe’s leading drone group, in a combined cash and stock transaction valued at $23 million. Based in Seattle, Washington, MicaSense has been at the forefront of advanced drone
Business
AE Industrial Partners, LP, a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced that it has acquired UAV Factory, a global player in the tactical Unmanned Aerial Vehicle (UAV) and Intelligence, Surveillance, Reconnaissance (ISR) technology markets. UAV Factory will be a
Business
Connected insurance specialist, Flock has partnered with yet another leading aviation underwriter as it continues to expand globally. Flock’s latest partnership means European pilots can now access EASA compliant insurance in minutes.The latest deal signed with Sompo International makes it easier than ever for operators across Europe to
Military
Russia will supply Myanmar with Pantsir-S1 anti-aircraft missile and cannon systems, Orlan-10E unmanned aerial vehicles, and radar stations. The document was signed on January 22 in the presence of the Minister of Defense of the Russian Federation, General of the Army Sergei Shoigu, who is on an
Commercial
Wingcopter, the German developer, manufacturer and operator of unmanned delivery drones for commercial and humanitarian applications, has secured $22 million in Series A funding. Wingcopter will use the funds to strengthen its leadership in drone-based logistics, with a special focus on healthcare-related applications, including the distribution of COVID-
Military
Israel Aerospace Industries (IAI) signed two deals, one to sell and one to lease two Heron MKII UAV systems to a central Asian country. The deal is valued at tens of millions of dollars. The systems include reconnaissance payloads, Heron MK II drones and land arrays. The Heron MK II
Military
The UK’s first fleet of uncrewed fighter aircraft is one step closer to reality following a £30-million contract to design and manufacture a prototype in a three-year deal supporting more than 100 jobs in Belfast. The uncrewed combat aircraft will be designed to fly at high-speed
Business
SkyX, a supplier of aerial intelligence with fully-autonomous long-range solutions, has announced the launch of its first Customer Advisory Board. The Board includes distinguished industry leaders whose focus will be to shape and guide SkyX's strategy, go-to-market priorities and product offerings. The Board will
Commercial
Drone delivery service provider, Skyports, has partnered with Australian drone-powered health logistics company, Swoop Aero, to provide a UK-wide drone delivery service. In a UK-first, Skyports has chosen to leverage Swoop Aero’s comprehensive aviation platform and 3D-printed electric drones to deliver a wide range of
Business
Archer and Fiat Chrysler Automobiles (FCA) announced that they have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. California-based Archer is creating the world’s first all-electric airline
Business
Parrot, Europe's leading drone group, was chosen by the Direction Générale de l’Armement (French defense procurement agency, DGA) to supply its ANAFI USA micro-drones to equip the three corps of the French Army (Air, Sea and Land), as part of its call for tenders launched last
Software
Sagetech Avionics announced that it has received a U.S. Air Force Small Business Technology Transfer (STTR) contract for the initial development phase of components for a type-certifiable detect-and-avoid (DAA) system. The resulting system will enable UAS to safety operate beyond visual line-of-sight (BVLOS) in