Military
AeroVironment, Inc. and Arcturus UAV, Inc., a privately-held provider of Group 2 and 3 unmanned aircraft systems (UAS) and services, announced that they have entered into a definitive agreement under which AeroVironment will acquire Arcturus UAV for a total purchase price of $405 million, including $355 million in cash
Military
Insitu Inc., headquartered in Bingen, Washington, has agreed to pay $25 million to settle allegations that it violated the False Claims Act by knowingly submitting materially false cost and pricing data for contracts with the United States Special Operations Command (SOCOM) and the Department of the Navy (Navy) to supply
Business
Skyward, A Verizon company, and UPS Flight Forward today announced collaborative efforts to deliver retail products with drones connected to Verizon 4G LTE, as well as 5G testing and integration for delivery. The companies aim to deliver retail products via connected drones at The Villages in Florida. “We will need
Propulsion
Kratos Defense & Security Solutions, Inc. announced that Kratos’ Turbine Technologies Division (KTT) has been awarded a $12.7 million task order under its Advanced Turbine Technologies for Affordable Mission (ATTAM) ID/IQ contract. The program will be managed by the Turbine Engine Division of the Air Force Research Laboratory
Business
Urban Aeronautics Ltd. has announced that it has reached an agreement to provide four CityHawk VTOL aircraft to Hatzolah Air for emergency medical service (EMS) applications, company executives announced. In addition, Hatzolah Air will become Urban Aeronautics’ official sales representative and distribution channel to other EMS and Rescue organizations worldwide.
Business
Persistent Systems, LLC, a supplier of mobile ad hoc networking (MANET), announced that autonomous and unmanned vehicle technologies provider Robotic Research has joined the Wave Relay Ecosystem, an industry alliance of sensor and unmanned system companies that all utilize Persistent's Wave Relay mobile ad hoc network. Jeffrey Washington
Business
Delta Drone International Limited, Australia’s first listed drones-as-a-service company, re-commenced trading on December 31st, 2020, on the ASX following the successful merger between world-leading drone safety company ParaZero and international drone services provider Delta Drone South Africa. The re-listing follows a strongly supported
Military
“The Avenger platform is a jet-powered, advanced RPA that is well understood and has undergone more than a decade of research and design”
Business
AAI Corp., doing business as Textron Systems, Hunt Valley, Maryland, was awarded a $36,680,072 fixed-price-incentive contract for contractor logistics support for the Shadow Tactical Unmanned Aircraft System. Bids were solicited via the internet with one received. Work will be performed in Hunt Valley, Maryland, with an
Business
Teledyne Technologies Incorporated and FLIR Systems, Inc. jointly announced that they have entered into a definitive agreement under which Teledyne will acquire FLIR in a cash and stock transaction valued at approximately $8.0 billion. Under the terms of the agreement, FLIR stockholders will receive $28.00 per share in
Business
Draganfly Inc. has announced that the US Department of Agriculture has selected the use of the Draganfly Commander drones to do phenotyping and other related data collection and analysis. The Draganfly Commander Ag-Pro model is a turn-key UAV package providing extended flight times, high level of data resolutions
Business
The Boeing Co., St. Louis, Missouri, has been awarded a $198,000,000 not-to-exceed undefinitized fixed-price-incentive-firm-target, cost-plus-incentive-fee modification (P00028) to a previously awarded contract (N00019-18-C-1012). This modification provides for the integration of a ground control station that provides