Business
A Qatari defense firm with its headquarters in Charleston recently purchased a surveillance drone as part of its plan to provide intelligence services to unspecified international customers. Barzan Aeronautical bought an Aerosonde unmanned aircraft from Textron Systems at last month’s Paris Air Show, Providence, R.I.-based Textron said
Business
General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $275,000,000 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for aircraft, satellite communications air data terminals, universal ground data terminals, program management, and equipment maintenance and repair. Bids were solicited via the internet with one received. Work will be performed in
Business
RIEGL, a manufacturer of LiDAR scanners for surveying applications headquartered in Horn, Austria, is investing heavily in the expansion of production and office space. The continued, worldwide demand for the high-performance sensors allows the company to grow and expand further. RIEGL, which celebrated its 40th anniversary last year, is now
Business
Involi, an air traffic data provider for UAS and AirMap, a global airspace intelligence platform for drones, have announced their collaboration to offer a pre-integrated UTM and Air Traffic Awareness solution for safe, efficient, and scalable drone operations. The safe integration of drones into low-altitude airspace alongside manned aviation has
Business
Tokyo-headquartered Terra Drone Corporation, has entered into an investment agreement with NDT Corrosion Control Services Co. (NDTCCS), a leading Saudi company which has been providing nondestructive testing and inspection services in the Middle East since 1975. With this agreement, Terra Drone and NDTCCS will establish a new joint venture, Terra
Business
Paragon VTOL Aerospace, a global vertical take-off and landing (VTOL) aircraft provider for numerous industries, has adopted solutions from Siemens Digital Industries Software for its product development process. Paragon produces industry-specific drone hardware ranging from security applications for agricultural theft and commuter law adherence to human passenger drones. Paragon is
Business
Leonardo’s board of directors has approved a plan for the company to absorb its unmanned aerial vehicle manufacturing Sistemi Dinamici subsidiary into the main business line of the firm. Sistemi Dinamici develops, produces and sells UAVs, in particular the AWHero unmanned helicopter, and became a subsidiary of Leonardo in
Business
Altitude Angel, a global unmanned traffic management (UTM) provider, and Pierce Aerospace, the U.S. based remote identification system supplier, have agreed to form an alliance with the goal to bring automated drone flight a step closer. Capitalising on the two businesses core strengths, the partnership will explore the opportunities
UAM/UTM
Unifly NV, a provider of unmanned traffic management (UTM) software for drone enablement, has completed a €17m Series B capital raise bringing in investors including Deutsche Flugsicherung (DFS - the national air traffic control authority of Germany) and FPIM (sovereign wealth fund of Belgium). Unifly's most recent investor
Business
Karem Aircraft’s Future Attack Reconnaissance Aircraft (FARA) competitive prototype bid has received a big boost, with the addition of Northrop Grumman and Raytheon to its team. FARA is the US Army’s proposed new armed scout aircraft, which will serve as a replacement for its retired fleet of Bell
Business
In a first-of-its-kind assessment, Frost & Sullivan has recently evaluated the 22 top DSPs around the globe based on their growth performance and ability to innovate. Of these 22 companies, only 5 fell into the “sweet spot” range on the Frost Radar which exhibits the optimal mix of growth and
Business
General Atomics Aeronautical Systems Inc., Poway, California, was awarded an $80,052,248 cost-plus-fixed-fee contract for contractor logistics support for the Gray Eagle Block 0 Unmanned Aircraft System. One bid was via the internet with one bid received. Work will be performed in Afghanistan, and Poway, California, with an estimated